1 - Looks like 4144 and 4140 double top - better seen on the ES1 FUTURES as a TRIPLE TOP
2 - Oscillators divergence BEARISH – Not supporting the new highs…
3 - Both tops are followed by Large engulfing RED CANDLES - better seen on the US500
4 - MACD – and RSI BEARISH signal
5 -VWAP - Held on the retracement BACK UP –Yesterday Fake Breakout above the VWAP
6 - FIB levels are the current support
7 Last candle was a RED dump –
All the earnings and FED news is out so we “”buy the rumour and sell the fact….””
CPI Next week Wednesday
PPI Thursday
I will add E-MINI’s to Micro Emini’s as this starts to go in the right direction with 4080 secure above me – Needs to break below 4080 and reject its attempt to recover that area... - Bounced there 3x so it will be good resistance against a later rally back??
2 - Oscillators divergence BEARISH – Not supporting the new highs…
3 - Both tops are followed by Large engulfing RED CANDLES - better seen on the US500
4 - MACD – and RSI BEARISH signal
5 -VWAP - Held on the retracement BACK UP –Yesterday Fake Breakout above the VWAP
6 - FIB levels are the current support
7 Last candle was a RED dump –
All the earnings and FED news is out so we “”buy the rumour and sell the fact….””
CPI Next week Wednesday
PPI Thursday
I will add E-MINI’s to Micro Emini’s as this starts to go in the right direction with 4080 secure above me – Needs to break below 4080 and reject its attempt to recover that area... - Bounced there 3x so it will be good resistance against a later rally back??
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.