Zn1!buy
ZN Analysis for intraday tradingThe ZN is showing a sign of growth, actually the new high volume with Candlestick chart shape confirms an increasing trend.
So it would be the right moment to buy for intraday investment.
The short growth could be stopped at the first level, and then it will break the equilibrium and go to a high level, that we will get at the first red volume and candle, of course if the ZN candle break the VWAP
ZN, Let's analyse it !! The ZN future is showing good performance. In fact the pitchfork indicator shows the hallway IN which the ZN could increase.
In addition, the price is evolving on the VWAP, so we could expect that the market of ZN is going up today.
However, any break of the VWAP down, or of the pitchfork hallway, could result a change in the trend, especially if it is accompanied with high volume.
In general, ZN is for buying today.
ZN AnalysisZN 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.