ZN Analysis
ZN today is very remarkable.
The ZN is going down today, It seems it has broken the first Minimum (M1), It’s clear that sellers are dominating the market, so we will wait for it to either break the second minimum (M2), and bounce on the M3, or it will spring on the M2 going back to the resistance R1.
In general selling ZN, or not entering the market right now would be better.
But we could wait for its spring M2 or M3 going back to R to be a buyer.
The ZN is going down today, It seems it has broken the first Minimum (M1), It’s clear that sellers are dominating the market, so we will wait for it to either break the second minimum (M2), and bounce on the M3, or it will spring on the M2 going back to the resistance R1.
In general selling ZN, or not entering the market right now would be better.
But we could wait for its spring M2 or M3 going back to R to be a buyer.
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