Equities Climb Ahead of Earnings and Jackson Hole Symposium
Equities Rise as Traders Await This Week's Earnings, Jackson Hole Symposium
Current Outlook:
The trend suggests a potential upward movement as long as the price stays above 40,800. However, consolidation is expected between 41,030 and 40,800 until a breakout occurs.
Bullish Scenario:
Trading above 40800 will likely support a rise towards 41030 and above it will get 41340.
Bearish Scenario:
If the price reverses and stabilizes below the pivot line at 40800, a bearish trend may develop, targeting 40480 and 40320.
Key Levels:
- Pivot Line: 40800
- Resistance Levels: 41030, 41340, 41600
- Support Levels: 40650, 40480, 40320
Today's Expected Trading Range:
The price is anticipated to fluctuate between support at 40800 and resistance at 41130.
Tendency: Upward Movement
Current Outlook:
The trend suggests a potential upward movement as long as the price stays above 40,800. However, consolidation is expected between 41,030 and 40,800 until a breakout occurs.
Bullish Scenario:
Trading above 40800 will likely support a rise towards 41030 and above it will get 41340.
Bearish Scenario:
If the price reverses and stabilizes below the pivot line at 40800, a bearish trend may develop, targeting 40480 and 40320.
Key Levels:
- Pivot Line: 40800
- Resistance Levels: 41030, 41340, 41600
- Support Levels: 40650, 40480, 40320
Today's Expected Trading Range:
The price is anticipated to fluctuate between support at 40800 and resistance at 41130.
Tendency: Upward Movement
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Related publications
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.