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phillo

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Yes, they are certainly having a go, though with the US session closing in just over an hour they have not made much of an impression and the last 4 hour bar was well contained. The Austral-Asian traders are about to enter the market so it will be interesting to see which way they intend to push it having just seen the US bulls fail.

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I said my target short was the red zone, and that proved to be correct, in fact it bounced right of the lower trend line I had Previously set out in my charts. I have said I use the 150 EMA as support / resistance - it is currently acting as resistance. My view now is I ;m done with it, it may go either way now,  but 10k looks like major resistance  - try watching this   - 

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