Based on recent price action and indicators (with RSI and MACD hinting at possible weakness on the higher time frame), a short setup carries roughly a 60% probability of success over the next trading session. Conversely, a long move has an estimated 40% chance if prices find support and reverse from the current vicinity.
A target near 219–219.5 might be reasonable.
A target near 219–219.5 might be reasonable.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.