Monthly continuation but first weak weekly

Telah dikemas kini
Most probable scenario
Weak wekly so down first at gap maybe around 4600
Expecting monthly continuation

Long Entry: Volume spike and next week candle like XLK on Oct 26
Nota
Little bearish divergence on the daily
Dagangan aktif
Nota
Trading active as in short first, wait for bottom confirmation from XLK then go long
Nota
Needs confirmation candle otherwise it's continuation down.
Nota
Spotted bearish divergence on NQ/QQQ weekly
Nota
Bearish action
Daily bullish divergence support line broken
Weekly continuation

Possible bottom to watch:
Confirmation candle on 20 day EMA on NQ
Support at 20 week EMA
Weekly bullish divergence support line on ES or NQ
Bullish divergence on the daily
NVDA daily bullish divergence support line
Nota
For this week.

Scenario 1: Next red weekly candle because continuation until weak weekly candle
Try to short weekly high
Weekly bearish divergence

Scenario 2: This is the bottom and bullish weekly engulfing or bullish weekly hammer candle
NVDA bullish divergence + bull flag and aapl sitting on 200 day SMA / Bottom ichimoky cloud with RSI at 30 (want to see higher low on the daily but could be bear flag for bullish divergence on the next leg down)
XLK on 50 day EMA
Chart PatternsTechnical IndicatorsTrend Analysis

Juga pada:

Penafian