The indices had a rather wild week, the technicals are approaching being oversold. A bounce from here would not be unexpected as there is some consolidation occurring as price is currently hovering around the June low's area.
I'd like to see the market cycle back to an area of being overbought and finding a low risk confirmed area to short from. At this time I'm looking for thing's to setup again for a desirable entry.
I've adjusted support and resistance structures accordingly.
I'd like to see the market cycle back to an area of being overbought and finding a low risk confirmed area to short from. At this time I'm looking for thing's to setup again for a desirable entry.
I've adjusted support and resistance structures accordingly.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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.