Feb-20 Daily Summary

From the minutes chart we can see there are two circles and two triangles, when index breaks above the upper resistance,  the buying opportunity appears right there.

If you have bought, then I think just hold.

Let's look at the daily chart for another triangle, we can see now we are exactly on the edge of upper resistance, where longs will spend a lot of they want to break through it. However, if tomorrow the future is green, then we can easily break this level, and what longs need to do is to hold this line against the pull back from shorts. Also, the gap will be filled somehow.

However, we also have some data tomorrow, although I think it's trivial to the market direction.

In all, please just hold tight before I give a sell/reduce signal for long.

Good luck! - iamwym