
‘The Bollinger Band squeeze flagged in our last report resolved emphatically to the upside, with the contract breaking through both resistance levels to set new contract highs. The mild bearish signals from RSI and OBV at that time proved to be a temporary pause rather than a reversal — both are now making higher lows, confirming the bullish move. The contract is making all time highs at $22,250 on 28 August and again at $22,500 today, and there is momentum in the rally as indicated by MACD, RSI and OBV. Key support levels are $21,750 and $21,250. With the contract at new highs there are no technical resistance levels.’
To download the latest edition of SSY’s Technical Analysis, visit SSY Navigator.
To subscribe, contact navigator@ssyglobal.com
Articles
You may also be
interested in
View allGet in touch
Contact us today to find out how our expert team can support your business
















