Current ATR showing at 5.62 increasing ever so slightly from last week and so far increase for this week. Even tho there is downside action creating most of the increase, its still an increase alal together.
Last months High was 487.2 Needing to seriously defend this level this could be a possible bounce area, if not we find the high 486 level for a bounce.
Preferable to keep within this quarter I would like to see a bounce at 488.30 to push up thru -to 490.70 (Last weeks low)
If we open above 489.08 we could find some resistence at 492, 493 range (this weeks low) if the want to take it higher, they may form a channel between 493.80 to 496.38/57/72 for yesterdays close, after hours high and premarket high.
Whatever the possibilities are, I am looking for price action and volume.
Last months High was 487.2 Needing to seriously defend this level this could be a possible bounce area, if not we find the high 486 level for a bounce.
Preferable to keep within this quarter I would like to see a bounce at 488.30 to push up thru -to 490.70 (Last weeks low)
If we open above 489.08 we could find some resistence at 492, 493 range (this weeks low) if the want to take it higher, they may form a channel between 493.80 to 496.38/57/72 for yesterdays close, after hours high and premarket high.
Whatever the possibilities are, I am looking for price action and volume.
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.