Quick take from a different perspective than usual.
Crazy range since May chopping up many market participants.
Looking for an ultimate revisit of my 'range low' here around 8400.
Possible bounce to 9090 - 9200 then further down.
Looking for signs of support at 9100 for chance of further upside.
Will look to take a fresh macro EW overview soon.
Crazy range since May chopping up many market participants.
Looking for an ultimate revisit of my 'range low' here around 8400.
Possible bounce to 9090 - 9200 then further down.
Looking for signs of support at 9100 for chance of further upside.
Will look to take a fresh macro EW overview soon.
Note
Squiggle (a) - Resistance met at 9090 -> head toward range low
Squiggle (b) - Break above 9100 toward 9200 ->
(i) Break back down toward range low OR
(ii) 9100 becomes support, bounce higher
Note
At initial resistance.
Note
Tagged slightly under 9200 resistance target. Watching 9100 for signs of support/breakdown now.
Note
Support 9090-9100 potentially found.
Look for launch toward 9200 for confirmation.
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Related publications
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.