Hello peeps, so as you can see we are in a bearish downtrend trendchannel.
12300 is getting rejected and we are hovering around 12400
12480 next res which could turn into supp after breakout
How I would play this:
Wait for market open, look for clear break of trend channel and a retest of a near support after breakthrough and then upward momentum
Hello everybody we are currently recording 3 continous down days in the market, as a result of rising bond yields, nevertheless we are somehow near to being oversold and on the RSI and we can see some kind of divergence which gives the idea
to load the boat at 12500 and 12400 to the long side, if 12400 breaks we are gone for good, if really 12400 breaks we...
Currently on the 15 Min we are uptrending on the NASDAQ, no negative news which could make us break current uptrend. Above 13400 NASDAQ could go brrrrr. 200 SMA is also below us as support we can consider 13150. If reaches 13150 could retest the trend line and get flashed down the toilet again
NIO sitting right below 48 area resistance, if this resistance is surpassed can see 52 , if not, support should hold it at 46,50, if 46,50 supp fails next support should be at 46
