Daily EOD
13th June
After few days ranging, today it breakout..
Price fall down to support channel.
Likely to see price to drop further.. W%mR crossed for correction.. overbought about a month.
2 possibility. Is the downtrend wave started today or ABC correction for recent uptrend? what make it worst is, many people are waiting for 5day~ because of the inside bar condition. Once breakout, chain reaction happen.
P/S:
At the start of Aug contract, still remember there were many bulk buyers... since today and tomorrow are the last 2 days of Aug contract, rollover process takes place.. they are closing long position.. is it correct..? if so, tomorrow will be more down further??
Remembered those moments(15/5) where i got caught into short position but it went the opposite due to those long bulk buyers.. now they are coming again to close their position? hurm.. why i am not well aware of this earlier..
2 words.
"terkono den"