The 71.83 speed-line can contain buying through spring, below which 58.00 remains a 3 - 5 week target, 53.87 expected over the next several months.
Downside, 58.00 can contain selling into expiration, with a settlement below 58.00 indicating the targeted 53.87 within several weeks, where the broader market can bottom out through the balance of the year.
Upside, a weekly settlement back above 71.83 signals recovery within 3 - 5 weeks to 81.40, able to contain buying on a monthly basis and a significant upside continuation point into summer.
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For Monday, 71.83 can contain buying through spring, below which 58.00 remains a 3 - 5 week target.
Downside Monday, 65.38 can contain weekly selling pressures, while closing below 65.38 indicates 58.00 over the next 2 - 3 weeks, where the may contract can bottom out into expiration.
Upside Monday, closing above 71.83 indicates 74.31 within several days, while closing the week itself at or above 72.55 (1% beyond 71.83) would neutralize the recent long-term sell signal, and with that 81.40 longer-term resistance becomes a 3 - 5-week objective.
Downside, 58.00 can contain selling into expiration, with a settlement below 58.00 indicating the targeted 53.87 within several weeks, where the broader market can bottom out through the balance of the year.
Upside, a weekly settlement back above 71.83 signals recovery within 3 - 5 weeks to 81.40, able to contain buying on a monthly basis and a significant upside continuation point into summer.
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For Monday, 71.83 can contain buying through spring, below which 58.00 remains a 3 - 5 week target.
Downside Monday, 65.38 can contain weekly selling pressures, while closing below 65.38 indicates 58.00 over the next 2 - 3 weeks, where the may contract can bottom out into expiration.
Upside Monday, closing above 71.83 indicates 74.31 within several days, while closing the week itself at or above 72.55 (1% beyond 71.83) would neutralize the recent long-term sell signal, and with that 81.40 longer-term resistance becomes a 3 - 5-week objective.
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.