1W: Whoa.. MACD crossing over
Updated
AS above.
Primed for pump to 33K then to 34-35K (350 W HMA).... could be as MACD looking to start crossing over and nice bounce off 29K support in the near term. Once it clears gap fill at 32300 resistance, that will be likely target. Hopefully 31K support holds (50 W HMA)
RSI on 1W also looking at trending in the positive direction for the DJI. Nasdaq and S&P also looking similar trends on 1M charts.
Has rate hike already been priced in and stonks looking to recover with a vengeance???? FOMO
Will follow. Good luck traders.
Primed for pump to 33K then to 34-35K (350 W HMA).... could be as MACD looking to start crossing over and nice bounce off 29K support in the near term. Once it clears gap fill at 32300 resistance, that will be likely target. Hopefully 31K support holds (50 W HMA)
RSI on 1W also looking at trending in the positive direction for the DJI. Nasdaq and S&P also looking similar trends on 1M charts.
Has rate hike already been priced in and stonks looking to recover with a vengeance???? FOMO
Will follow. Good luck traders.
Note
Renko also printing green bricks. Trend reversal in progress.tradingview.com/chart/j8eRFZWh/
Note
First 33k target reached.Note
2nd target hit. 34K. Caution is warranted as looking oversold and due for correction.Note
Yep... hit the ceiling at 34K and no time for correction!
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