Head and Shoulders conformation?
Updated
As we saw the massive slide to the low 8300 yesterday, this could be a conformation of our Head and Shoulders structure. I hoped that 8450-8500 would be the stop, but i was wrong. But now we hopefully go up again and breach 6800 and then straight to the 7200 area.
With positive news and right volumes it should be possible now.
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.
With positive news and right volumes it should be possible now.
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.
Comment
Sorry for the mistyping! I mean 6 K of course, not 8 K
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.