The current focus is on the one-hour EMA moving average, with particular attention to the 89,500-90,500 range above. This zone is the mid-point of the first ten days of December and also a strong resistance zone in late December. Hold onto short positions, with the stop-loss unchanged at 89,500. The weekend market moves slowly, so take a good rest.
Before the market moves out, it will consolidate around 87,500 with narrow fluctuations, and even if it widens, it’s unlikely to break the previous range. Instead, it will oscillate within the already established upper and lower bounds. That is, bet
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