Good morning here in NYC.
We see that we have started our reversal. Resistance seems to be strong. We can see price action near the highlighted area. A double top has formed on 4H. Looking at Daily we see confirmation.
Macro: China has had a second wave and now U.S. expects that there could be a second. Companies and economy will be effected. As DJI30 consists of 30 companies that were previously affected by the first wave-we can see a recurring event take place.
Please feel free to collaborate with my analysis and give input.
Thanks!
We see that we have started our reversal. Resistance seems to be strong. We can see price action near the highlighted area. A double top has formed on 4H. Looking at Daily we see confirmation.
Macro: China has had a second wave and now U.S. expects that there could be a second. Companies and economy will be effected. As DJI30 consists of 30 companies that were previously affected by the first wave-we can see a recurring event take place.
Please feel free to collaborate with my analysis and give input.
Thanks!
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.