CL Tagged the midline of the fork early in the AM today. It appears to still be bullish. Thinking it will test the midline again and zoom through it.
Tomorrow, may come back and retest the midline of the fork @ $48.2 and head up for a test of the $50.2 area.
CCI is still heading toward the zero line for a cross.
Thinking this whole drop this morning to was to get SPX down to $2384 and then to have continued strength to push it up to new highs.
Tomorrow, may come back and retest the midline of the fork @ $48.2 and head up for a test of the $50.2 area.
CCI is still heading toward the zero line for a cross.
Thinking this whole drop this morning to was to get SPX down to $2384 and then to have continued strength to push it up to new highs.
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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.