CI - Possible Long Setup In Progress
CI looks to be setting up for a Bullish Breakout. ADX/DMI is positive. Watch the Choppiness indicator to start heading in a DOWNWARD direction. This indicates that CI is transitioning from choppy price action to a trending price action. The positive ADX/DMI indicates a bullish trend developing. Set a Buy Stop order at or near the $230 price level.
With a Bearish Market Trend in place, use Buy Stop Orders to buy as Uptrends develop.
Be Cautious...the market trend is negative.
With a Bearish Market Trend in place, use Buy Stop Orders to buy as Uptrends develop.
Be Cautious...the market trend is negative.
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.