Mid Day Review: 25th of February 2016

(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!