Supports to watch:
- 3700
- 3660
- 3610
My thesis - This is may not be THE drop, in fact quite contrary. Correction let's cool things off the continuation move. Growth names are too hot and could use a little breather for next leg up.
Long view - if 3700 holds, 4000 won't take long.
- 3700
- 3660
- 3610
My thesis - This is may not be THE drop, in fact quite contrary. Correction let's cool things off the continuation move. Growth names are too hot and could use a little breather for next leg up.
Long view - if 3700 holds, 4000 won't take long.
Note
As expected we are at that 3700 level. Bulls will need to capture 3760 quickly for reversal setup.
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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.