$CLO reclaimed a key resistance level and maintained acceptance above it, which I interpret as genuine demand rather than short covering alone.

Market Implication

This supports continuation over a return to the previous range.

Trade Framework

EP: 102 – 106

TG1: 112

TG2: 120

TG3: 132

SL: 97

Assessment

The upside structure remains valid while price stays above 97.

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