I suggested in yesterday’s note that there could be a rejection at 3903 (VAH) and a test of the 3829 Control. That panned out well.
I also said that Time below 3829 would be a negative for the longer time-frame. That hasn’t happened so far and Bulls would want to see that level hold.
The ST price distribution discussed yesterday looks close to completion and a directional move on this time-frame is due so I’m watching ST “go with” indicators, e.g. see MACD chart.
