weve strongly supported a level twice but each time we were equally rejected as previous lows tested as resistance, slightly trending lower woth green days in red territory. themost likely scenario is if we retest recent highs as resistance, and make a lower high compared to a tightwning range over the past week or more. 25.82 is a lever to watch for a bull break targeting 26.25 - 25.05 is a level to watch for a bear break looking toward 24.54
sss and qqe are now singaling green
sss and qqe are now singaling green
Note
you can see this strong 1 minute uptrend going into the top of a regression moving higher. the channel top is an outbreak level, but whether or not we see that is to be determineqqe and sss will point north as long as this 1 minute pattern leads to green signal hourly
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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.