Reported at 0830hrs SGT
GY
Will there be momentum for GY to go higher than 213.3 or was that a formation of a double top?
Looking at the CCI, the BB looks like a squeeze and the trend look down. Plotting the Fib Retracement from 19 Jun Peak and 3 Jun Low, we can see that the support is at 211 near EMA200 and 209.7 near EMA21.
Of course, if a break out north occur, the resistance will be at 213.3, then 214, before hitting 216.
The hour chart shows support at EMA100 and EMA200, suggesting that should WMA5 does not punch clear these lines, going up is also possible.
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