The 
US100 bounced from the upper side of it's wedge where it marked it's new ATH. On the way up we opened two gaps (red in the chart) which are still left to get closed. We also see a RSI divergence which implies we've seen the top for now and are heading lower (at least for the time being).
Current targets would be the support at $21,184, then the trendline of the current wedge at around $21,000 and a bit lower the bigger support zone at around $20,600. If we break above $21,600 this short setup is denied.
Target Zones
US100 bounced from the upper side of it's wedge where it marked it's new ATH. On the way up we opened two gaps (red in the chart) which are still left to get closed. We also see a RSI divergence which implies we've seen the top for now and are heading lower (at least for the time being).Current targets would be the support at $21,184, then the trendline of the current wedge at around $21,000 and a bit lower the bigger support zone at around $20,600. If we break above $21,600 this short setup is denied.
Target Zones
- $21,184 (Gap Close)
- $21,000 (Trendline)
- $20,600 (Bigger Support Zone)
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.