Pros:
1, Big left pole with a non tested lower 50%;
2, Formation somehow defined;
3, Season, in the middle of the summer where only traders without social life are in front of the screen.
Cons:
1, Sounds greedy sell at the top and profit from that long line;
2, The Elliot wave count has not given a reversal signal, as the retracement of the wave through the top was quite more than merely 38.2 %, indicating an excess condition which is showed in the big push up of last week;
3, Individual components are leading higher into the reports season.
To sum, It is a greedy and attractive point right now; short Stops, above the 214.0 line, objective is sub 190.00
A Humble Research by juanclos
1, Big left pole with a non tested lower 50%;
2, Formation somehow defined;
3, Season, in the middle of the summer where only traders without social life are in front of the screen.
Cons:
1, Sounds greedy sell at the top and profit from that long line;
2, The Elliot wave count has not given a reversal signal, as the retracement of the wave through the top was quite more than merely 38.2 %, indicating an excess condition which is showed in the big push up of last week;
3, Individual components are leading higher into the reports season.
To sum, It is a greedy and attractive point right now; short Stops, above the 214.0 line, objective is sub 190.00
A Humble Research by juanclos
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.