EURO daily, one bar is one day.
This is the first market to open the week. That happens on Sundays CET 19:00 and stops Fridays at 23:00. During the whole week it is trading 24 hours per day. Some Sunday evenings it can make a powerful start run immediately for hours, Sometimes it is hardly moving. After one hour trading it has tested the 8 MA - the blue lowest curve - which turned on upside now, for Monday. So far buyers are in at that point. If this small uptick in the 8 MA will hold, it will get higher by the day the whole week. The resistance will be the falling 21 MA - second curve from below. which will fall at least until Wednesday. A sudden powerful rally could go all the way up to the 34 MA - the highest of the curves - but there it will be stopped this week. The 2 hr trend is down so there will not be a quick rally on upside, if that should happen. A powerful break below the 8 MA tells me that SP500 will open down at CET 01:00 in Asia.
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