Based on Monthly data. Just like in first days of october I posted Idea that we will see new lows, same now, data suggest that we will be up.
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Note
MCRP and MCIP for this month.Write them down in your sticky notes!
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Like I said, if market reaches my target zone 1265 I expect fast bounce from there!
I have loaded buy orders around that area, and I WILL NOT close them if it goes more down I will hedge positions.. because after that area market will be back up soon enough! Of course if it will reach that level at all! Still waiting!
Patience is key virtue of good investor!
Note
Price is about to reach MCRP highest TP 1292.
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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.