DBD Strategy Daily - US & TECH : at important levels
US indices dropped once again. All weekly bullish gaps that had been opened last week are now closed. It will be decision time : will indices bounce as usually, or will they need to find cheaper prices to meet buyers interest ? In the USA, signals are not clear yet. Yesterday's closing prices leave both options open, as we are testing the signal areas. In Europe, the sector is weakening in the short-term, but one should really focus on SAP for a definitive end to the Tech rally.
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