Forecast Zone predicted by financial analyst and economist was at 110.520 as a peak for the year and the Index even surpass that prediction with high at 114-115.000 on 28th of September. Index failed to push higher than this level and tap into an FVG [Fair Value Gap] and respected it very well. Furthermore as you can observe in the graph a two Sell Stops seems to be two possible target to aim for the future. Let's see how the market react to it with "Initial Jobless Claim" economic news expected on this Thursday 20th.
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.