If this channel holds, I think we can expect 4.5-5% profit over next two days or so.
Of course, the most crucial pivot for this plan lies on the market sentiment on rate hike. Any hawkish news could push the index below the channel.
Good luck!
Of course, the most crucial pivot for this plan lies on the market sentiment on rate hike. Any hawkish news could push the index below the channel.
Good luck!
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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.