Looks too aggresive right now, but it may be the start of a seasonal rally for this market.
The setup has :
- momentum divergences on RSI and MACD;
- Structural Inverse H&S (unconfirmed) and
- Big volume spike into the 2700 yesterday with a big green bar that I'm using as entry/stop.
Let's see where this leads us.-
The setup has :
- momentum divergences on RSI and MACD;
- Structural Inverse H&S (unconfirmed) and
- Big volume spike into the 2700 yesterday with a big green bar that I'm using as entry/stop.
Let's see where this leads us.-
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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.