Moment of swing
LONG - We're at a strong support level and at the bottom of the consolidation. There's a good possibility we bounce here, which could make for a nice short term long. Levels of resistence are shown. A break above 218 would be more confirmation for long.
SHORT - A break below 215 could get ugly seeing how volume has been high throughout this cycle.
SHORT - A break below 215 could get ugly seeing how volume has been high throughout this cycle.
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.