The situation on the futures market is positive:
Fading of the movement is possible in area 5000. Please be careful!
It is possible to open a medium-term short sell from area 6100-6700 in case of growth continuation. Values of the price 5400-5700 - a zone for short-term sales.
I consider long positions only at correction to 4100-3700. But impulse decrease without ranges is necessary.
- Impulse demand
- Contango. Demand on the next contract
- Increased volume
Fading of the movement is possible in area 5000. Please be careful!
It is possible to open a medium-term short sell from area 6100-6700 in case of growth continuation. Values of the price 5400-5700 - a zone for short-term sales.
I consider long positions only at correction to 4100-3700. But impulse decrease without ranges is necessary.
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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.
Disclaimer
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.