For Tuesday, 77.57 can contain selling into later week, above which 83.51 remains a 3 - 5 day target.
Upside Tuesday, 81.63 can contain session strength, while closing above 81.63 signals the targeted 83.51 within 1 - 2 days, able to contain weekly buying pressures.
The 83.51 formation can also be considered the start of a wide zone of longer-term resistance up to 86.33 that can absorb buying through March trade, once tested the market prone to falling back over that time horizon.
Downside Tuesday, closing below 77.57 indicates a good weekly high, 75.12 then likely within several days where the market can bottom out through the balance of the week.
A daily settlement below 75.12 indicates 69.27 long-term support within a full week of activity.
Upside Tuesday, 81.63 can contain session strength, while closing above 81.63 signals the targeted 83.51 within 1 - 2 days, able to contain weekly buying pressures.
The 83.51 formation can also be considered the start of a wide zone of longer-term resistance up to 86.33 that can absorb buying through March trade, once tested the market prone to falling back over that time horizon.
Downside Tuesday, closing below 77.57 indicates a good weekly high, 75.12 then likely within several days where the market can bottom out through the balance of the week.
A daily settlement below 75.12 indicates 69.27 long-term support within a full week of activity.
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.