I previously showed the whole trend on a Monthly,
But here we can see a 15m respecting the trend as support (Green Arrow), breaking through, then re-testing, and respecting it as resistance. (Red Arrow)
Now, there is plenty of other TA out there (Fib levels, NYSE bouncing on support, etc etc.) that could defy this, but I tend to think with the stimulus all but out, it's only bad news from here for a while. (Jobless claims, etc)
Down from here.
But here we can see a 15m respecting the trend as support (Green Arrow), breaking through, then re-testing, and respecting it as resistance. (Red Arrow)
Now, there is plenty of other TA out there (Fib levels, NYSE bouncing on support, etc etc.) that could defy this, but I tend to think with the stimulus all but out, it's only bad news from here for a while. (Jobless claims, etc)
Down from here.
Nota
Wow, I was concerned we were going to retest higher, but a daily close under 2500 here keeps this trend alive. for now.
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.