Mid Day Review: 25th of February 2016

20160225_4500t_MidDay_01

(1) Green volume bar in XBP Market Players indicator and supports in XBP BB SR Levels indicator show us that the big money is buying the market at a previous identified support and resistance level of 1920 (check previous posts)

(2) 1940 was another key level identified in previous analysis. As a previous support and resistance level we see 3 green high volume bars. Those are part stops being hit and new big money entering the market.

Let’s break that 1940 resistance!

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