The YM broke below the 200 day moving average down near the MTP Decision Point support before bouncing back up to the 200 day ma. Thus far the YM has failed to close back above the 200 day since. If it can do so this week then we should start to channel again between the 200 day and 50 day moving averages. If the YM gets a monthly close below 9757 things could start to unravel. Check out tonight’s video for the details.
JM
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