Although we are longer term bearish, we believe a shorter term bullish move will develop soon. The initial objective is 2145, and once price action breaks above that level then the next target is 2182. Perhaps it will be time to setup for another bearish position at the point.
Trade active
Short term we are long to our target level of 2182. Price action could push the lows a bit, but we will be patient if necessary.Trade active
Our initial target has been hit at 2145. Next stop should be 2182.
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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.