Since the index closely follows the price of Crude oil (which is in a similar pattern), I expect some pullback at these levels.
First target is around 740, then 715. 700 is the line in the sand in terms of keeping the uptrend going.
(Note that the formation is a fractal of a bigger wedge playing out on the weekly timeframe).
First target is around 740, then 715. 700 is the line in the sand in terms of keeping the uptrend going.
(Note that the formation is a fractal of a bigger wedge playing out on the weekly timeframe).
ノート
We broke down from the wedge, now we need follow-through. First level I'm watching to change the hourly trend to bearish is 760. Break this level and 750 should be within range.ノート
Well, that escalated quickly! :D
Be tolerant with others and strict with yourself.
- Marcus Aurelius
- Marcus Aurelius
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
Be tolerant with others and strict with yourself.
- Marcus Aurelius
- Marcus Aurelius
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。