GS Goldman Sachs Technical Pullback at DownTrend Test $230
Fib Pivot S3 $223.41
SVE Pivot S2 (TOS) $223.45
Downtrend tested this week at approx. $230 Rejected as expected
-Uptrend from July ‘16 Snapped in April this year to downside
#tekmunnnee Strategy into week starting 11/5 for potential Short/Put Play to $223 range
4HR 9eMA potential cross downside @ $226.72
$228.69 near term Support & Resistance test
Fibonacci 61% $222.06
If below Fibonacci, potential further downside and will reevaluate Downside Pivot Targets
SVE Pivot S2 (TOS) $223.45
Downtrend tested this week at approx. $230 Rejected as expected
-Uptrend from July ‘16 Snapped in April this year to downside
#tekmunnnee Strategy into week starting 11/5 for potential Short/Put Play to $223 range
4HR 9eMA potential cross downside @ $226.72
$228.69 near term Support & Resistance test
Fibonacci 61% $222.06
If below Fibonacci, potential further downside and will reevaluate Downside Pivot Targets
Note
Missing Bullet/Warning:If FOMC Catalyst upcoming week provides bullish sentiment for
GS & tests/breaks $230, flip to play call side potential (reevaluate upside Pivot potential at that point)
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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.