ð Over the last trading week, the bullish outperformance has decreased by 8%.
According to new CoT reports, the market volume decreased by 18%, indicating a weak downside during the new trading week.
Investors reduced locked positions by 55%, confirming our assumption of a likely unidirectional movement of the asset quotations during the new trading week.
ð The closest resistance level to trade within the trading week is the strike level of the weekly hedge resistance area (4500.0).
In case of formation of a sell pattern near this option resistance, we expect a further decline with the target, the level of the weekly balance (4430.0).
In case of break and fixation below the mentioned price level we expect long-term decrease with the target benchmark,- marketmaker's loss level (4309.1).
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