Weekly [07/16] Study

My previous Plan called for 6240 to be the Gateway for ATH;
Well my Friends, All Time Highs are here.

Buyers had walked the Market up rather confidently gaining a few Days’ worth of inventory at our Pivot. Sellers attempted to refute this move with a Gap Up and Sell but failed to retake 6240 where SetFeed reversed shorts and played Longs.

As of late, Sellers have been controlling Price at Higher Grounds but it’s only a matter of time until they unwind and Trade Higher.