We are at at a 38% retracement, there is the 23% above with a huge 2040 resistance above and there is the 50% retracement and a 1940 support below. This is the range to trade. We are looking at at the failure of 38% level for a short. If it holds trade long to 2040 but dont hold your breath to go above that.
Key things to note:
1. Overall impact from the Britain exit ( its now included in price)
2. Currency wars start ( china is first on the line) - not priced in
3. Earnings season starts July 11th, currency headwinds adjustments to guidance
4. US elections impact ( do not underestimate this part)
The eye is only an indication....its just a proposed area to watch.
Key things to note:
1. Overall impact from the Britain exit ( its now included in price)
2. Currency wars start ( china is first on the line) - not priced in
3. Earnings season starts July 11th, currency headwinds adjustments to guidance
4. US elections impact ( do not underestimate this part)
The eye is only an indication....its just a proposed area to watch.
Nota
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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.