Good morning traders,
We continue to build out volume in the area below our big balance area. THis is a good sign if you're a seller, and you're looking for more down.
Also, we don't have a whole lot of trading in this area, so continued selliing will likely take us towards 3960 area, which is a couple hundred points away.
I would like to see the market take back 4300 before I would be excited about any kind of longs.
We continue to build out volume in the area below our big balance area. THis is a good sign if you're a seller, and you're looking for more down.
Also, we don't have a whole lot of trading in this area, so continued selliing will likely take us towards 3960 area, which is a couple hundred points away.
I would like to see the market take back 4300 before I would be excited about any kind of longs.
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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.
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.