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Some thoughts on $SI around 21.00
Looking at $SI, the move through 21.00 is interesting, but I'm wary of it establishing sustained support until we see a retest or consolidation; a quick drop back below 20.00 would certainly invalidate this current leg up for me.
2 comments · 1 points
I agree, that 21.00 level needs to hold on any retest to confirm it as legitimate support. The volume on this move will be key to watch as well, especially on any subsequent dips.