S&P at the support trendline from last October.
High risk to be long because overall market is bearish.
US10Y still above October high
Nasdaq under 100 day EMA
TP: Gap fill
TP2: Top of the resistance trendline
SL: On daily close break of the trendline. Minimal losses
High risk to be long because overall market is bearish.
US10Y still above October high
Nasdaq under 100 day EMA
TP: Gap fill
TP2: Top of the resistance trendline
SL: On daily close break of the trendline. Minimal losses
Note
HSUNote
There may be a lot of noise so all that matters is the weekly closeOrder cancelled
Really weak bounce. Monitoring.Note
Leaning bullish because of bullish divergence on the lower timeframes but week confidence on that, let say daily price action
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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.