I am late posting this. But better late than never. The 1800 level was broken on Friday, as I had predicted the day before. Price opened and pushed down into a great demand zone, before rallying all day, into the new all time high.
There was a great long entry around 15:30 GMT (10:30 EST) after price had broken above the opening 5 min range with a CCH bar, forming a demand zone. After this, the up move was painfully slow on low volume.
I said on Friday to buy the open and to sell if we saw a very large volume 1 min bar. The only large volume 1 min bar was at the close, but that does not signal a reverse.
We will eventually get a large shakeout, but I really do not have a clue when that will be. Keep a lookout for some sort of buying climax, or large volume at unusual time of the day. So keep buying until we see this.
Here are the charts:
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