Simple HSi measured targets prediction.
We previously saw a failed HSi on the daily and made stops just below our 1x and 1.5x TPs 1 and 2.
Now, we see the same pattern again. On the chart are TP 1 and 2 / 1x and 1.5x measured targets for either, success or failure:
failure condition: if we drop and close below the right shoulder
success condition: if we rise and close above the neckline.
We previously saw a failed HSi on the daily and made stops just below our 1x and 1.5x TPs 1 and 2.
Now, we see the same pattern again. On the chart are TP 1 and 2 / 1x and 1.5x measured targets for either, success or failure:
failure condition: if we drop and close below the right shoulder
success condition: if we rise and close above the neckline.
Nota
Update, closed below and continuing down atm. Must regain area above right shoulder or we're heading down to ~3375 and then ~3100:Nota
Last chance to turn around before reaching TP 1 of a failed HSi, possibility to shift up and make a W, but more likely continuing down to 3380 and 3110:Nota
SPX Keeps getting stopped here, if we turn up the W could play out and follow the orange arrow targets, but break and hold below and we're still headed down to 3380 -> 3110:Nota
Here's a rough drawing of potential paths from here:Nota
Potential for a reversal here if we don't continue down towards targets, RSI and Price are diverging on the 3 day chart:
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.