RE: LeoThread 2025-05-06 20:36

Part 3/7:

1. Initial Drop: Alternatively, a drop could occur first, leading to an early retest of the support level before a potential climb upwards.

CME Gaps and Contract Positions

The presence of two significant CME gaps adds another layer of complexity to the market dynamics. With one gap situated around the $91,000 mark and the other not specified but equally relevant, a tendency exists for prices to fill these gaps before any significant upward movements.

Analysts point out that aligning trades with these patterns is crucial. Long positions may be good near the support, while short positions may be judicious when prices near the gaps.

Momentum Indicators