The area around 2800 is where is market is pivoting. Although there is a bullish sentiment due to the fact that 78% of the companies topped Wall Street estimate. Market needs corrections before it goes to the 3000 level. Hence from the Renko chart I expect the market to the following levels
Resistance
2855
2842
2823
Support
2814
2807
2797
2776
Resistance
2855
2842
2823
Support
2814
2807
2797
2776
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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.