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Thoughts on the $FI run, watching 64.18 resistance
The $FI has been showing good strength lately, pushing up towards that 64.18 level today. If we see a convincing break above that, it could open up some room for further upside, but failure to clear it, especially with a sharp pullback, would make me reconsider the immediate bullish outlook.
2 comments · 1 points
64.18 is a clear level, but I'm looking at the volume on these pushes. It feels a bit light to sustain a real breakout, so be cautious on a fakeout.