ichimoku cloud update
On the daily chart of Du Pont or DD, there had been a Strong tk cross over 5/28/14. However price did not break the high of 68.82 (4/4/14) until on 5-30-14 is when price closed above 4-4-14's high. Since the 30th of may, price has slowly risen and is suddenly starting to retrace.
There is strong confluence that the market may do a fib bounce off of the 50% retracement.
First, the kinjun sen is lined uo with a 50% fib ( the green dotted line on the chart). which is around the 68.02 area. The 50% fib is at 68.01.
Next if you were to place the ichimoku cloud on a weekly chart the tenkan sen is at 67.89 which is a support level on the weekly chart.
Look for a key bounce around the 68.00 range on dd
On the daily chart of Du Pont or DD, there had been a Strong tk cross over 5/28/14. However price did not break the high of 68.82 (4/4/14) until on 5-30-14 is when price closed above 4-4-14's high. Since the 30th of may, price has slowly risen and is suddenly starting to retrace.
There is strong confluence that the market may do a fib bounce off of the 50% retracement.
First, the kinjun sen is lined uo with a 50% fib ( the green dotted line on the chart). which is around the 68.02 area. The 50% fib is at 68.01.
Next if you were to place the ichimoku cloud on a weekly chart the tenkan sen is at 67.89 which is a support level on the weekly chart.
Look for a key bounce around the 68.00 range on dd
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.
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.