Good morning traders,
We finally broke through and stayed through the 4320 area. This leaves us in the upper part of the thick profile, with the top of the distribution being around 4425.
I would expect the market to chop in this area, but get some temporary support in the 4360 area this morning on any kind of dip.
It was a pretty muted trade overnight, and with FOMC behind us, I think it's going to take a news event to have another wild day today. I'm looking for today to be more chop and drift (higher)
We finally broke through and stayed through the 4320 area. This leaves us in the upper part of the thick profile, with the top of the distribution being around 4425.
I would expect the market to chop in this area, but get some temporary support in the 4360 area this morning on any kind of dip.
It was a pretty muted trade overnight, and with FOMC behind us, I think it's going to take a news event to have another wild day today. I'm looking for today to be more chop and drift (higher)
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.