For Tuesday, 76.98 - 77.35 can contain weekly buying pressures, below which 67.14 long-term support remains a 2 - 3 week objective.
Downside Tuesday, 71.91 can contain selling into later week, once tested 76.98 - 77.35 attainable within 3-5 days.
On the other hand, closing today below 71.91 indicates the targeted 67.14 by the end of next week, where the market can bottom out through spring.
Upside Tuesday, a settlement back above 77.35 signals 82.32 within 3 - 5 days, the 88.02 - 88.19 region likely within 3 - 5 weeks, able to absorb broader market buying into spring, once tested the market prone to falling back over that longer-term time horizon.
Downside Tuesday, 71.91 can contain selling into later week, once tested 76.98 - 77.35 attainable within 3-5 days.
On the other hand, closing today below 71.91 indicates the targeted 67.14 by the end of next week, where the market can bottom out through spring.
Upside Tuesday, a settlement back above 77.35 signals 82.32 within 3 - 5 days, the 88.02 - 88.19 region likely within 3 - 5 weeks, able to absorb broader market buying into spring, once tested the market prone to falling back over that longer-term time horizon.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.