TrendStrength Market Monitor Update
ecad fading
au triangle upgrade
ecad upgrade: we had a 20 pip stop out at 2755 area; then reentry brief for vanish at 2825 area. Still holding half
downside trgts to get ecad mostly attained in US session ( 5700-5685 ).
After US session and TL brk, we'd supports for ecad in 5700 and 5740 in anticipation of upcoming cad release.
we'd R @ 4700 - 4760 to get GU; scale short. ~ 4769 area was hit by mkt.
We took just below 4700 before UK release; held a little part thru it and took remainder from the 75-65 region.