Good morning traders: Technicals indicator says that today we might have a nice uptrend, target R1, R2, $14,066, and $14,170. Also, the indicators show the price will drop at the end of the day. (S1)
Intraday Strategy.
RSI 8, 52%
R3 14,442.90
R2 14,170.20
R1 14,066.60
PP 13,897.50
S1 13,793.90
S2 13,624.80
S3 13,352.10
higher timeframe showing strong uptrend and excellent trend strength
intermediate timeframe showing trend alignment and showed the breakout of resistance area 67.0x area after completing inverse h and s pattern with strong positive volume pressure
measured move from head of pattern to neckline is a .55 move which should give projected target of 67.55 and extension...