Managed Pip

$XAUUSD
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RZ1 in focus today!
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Bears will want to defend RZ1 and keep pushing for lower lows below the zone.
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Bulls will want a break-out above RZ1 to hunt for re-test of RZ2.
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$USTEC
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FW in focus today!
Bulls will look for rotation in CZ before a rebound towards RZ, but need a break-out away from FW first.
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Bears will want to wait at higher levels within FC before selling rallies for trend continuatin.
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$USDJPY
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RC in focus today!
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Bears will look for correction in RC with an eye for rotation to CZ range low and perhaps a deeper pullback to SZ.
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Bulls may want to wait at CZ/SZ and use a deeper pullback before resuming trend.
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In today's , we will be charting $USDJPY, $USTEC/$NDX and $XAUUSD/$Gold.
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Stay tuned here or check out our blog later.
📌http://managedpip.com/daily-corner
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$XTIUSD
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CZ in focus today!
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Bulls will look to keep price within CZ and push for rotation towards CZ range high.
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Bears will want a break-out below CZ before pushing for continuation lower.
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$US500
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FC in focus today!
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Bears will look to keep price capped below RL for continuation lower in FC as Leg 3.
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Bulls will want to defend this week's low on re-tests and keep pushing for re-test of this years' high.
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$GBPUSD
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SZ in focus today!
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Bulls will look for break-out above SZ for rotation towards RZ.
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Bears will want to defend RZ on rallies or wait for break-out below SZ for continuation below SZ.
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In today's , we will be charting $GBPUSD, $US500/$SPX and $XTIUSD/$WTI.
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Stay tuned here or check out our blog later.
📌http://managedpip.com/daily-corner
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