The minor Control has moved higher to 4966.5. Price above that level is in a strong position.
Last week’s price action was unusual. There was Significant Buying (green) marked on Monday which was negated (RTH close below the low of that day) by Wednesday’s Significant Selling day (red), which in turn was negated by Friday’s price action. That’s not helpful for those of us trying to follow the minor trends.
Major trend remains up with First Level Support at 4811.
