SE Analysis

Price played out exactly as analyzed last week. Free signal given with a final take profit at 62.19 was hit (+16.16% or +6.09RR), mitigating the bearish POI at 62.15 and price reacted strongly and fall from there. Next target for this down move is 53.85. If the bullish POI at 53.85 holds and breaks market structure to the upside again, then we have a confirmed spring for an up move. If the bullish POI is violated, we should see a continuation to the downside.