A break above 3780 would be a breakout in my book and I would go long again (I closed my previous long after it broke the yellow the trendline).
The fact that we did not move violently down after failing at the orange AVWAP (September Consumer Price Index release) suggests that now is not a good time to look for shorts. As long as buyers show up if we dip below the cyan AVWAP (October Consumer Price Index release), this market goes higher in the short term.
Some key earnings next week (e.g. GOOG, MSFT, AAPL, AMZN) may act as a catalyst for the breakout if we continue to range until then.
The fact that we did not move violently down after failing at the orange AVWAP (September Consumer Price Index release) suggests that now is not a good time to look for shorts. As long as buyers show up if we dip below the cyan AVWAP (October Consumer Price Index release), this market goes higher in the short term.
Some key earnings next week (e.g. GOOG, MSFT, AAPL, AMZN) may act as a catalyst for the breakout if we continue to range until then.
Nota
Here is the catalyst: wsj.com/articles/fed-set-to-raise-rates-by-0-75-point-and-debate-size-of-future-hikes-11666356757Nota
Got the breakout, 3910$ targetBut mindful of big earnings tonight and tomorrow
Nota
Got stopped before we could get to 3910 but still made some money
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.