8.22.19
ICX
It appears the bottom is in after 3rd attempt held as support.
Both the 1W/1D have similar S/R ; a few cents difference
Using the daily because it has more data for the EMAs.
Would like to see the red box area turn support.
Would also like to see the 20 EMA act as support.
Sellers were exhausted. Let’s see if Buyers can step in for Higher High.
Not sure if market sentiment is ready for a blue box retest.
Want to see how the 50 EMA behaves.
ICX
It appears the bottom is in after 3rd attempt held as support.
Both the 1W/1D have similar S/R ; a few cents difference
Using the daily because it has more data for the EMAs.
Would like to see the red box area turn support.
Would also like to see the 20 EMA act as support.
Sellers were exhausted. Let’s see if Buyers can step in for Higher High.
Not sure if market sentiment is ready for a blue box retest.
Want to see how the 50 EMA behaves.