In this morning’s pre-market review, we noted that while the markets remain extended, they are not in a climactic condition.
With price trading between Friday’s high and a clearly defined major support level, we set expectations for noise, not opportunity.
Our multi-timeframe analysis reinforced that view. While the daily and 65-minute trends remain up, the lack of alignment suggests limited upside potential.
That said, any controlled pullback to intraday support could be buyable.
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