Let's look into a big picture.
There is an ascending trend from 89 in 2000;
weekly support -->114.40, which was successfully tested as a solid support yesterday
Short term, it's probably back into the downward channel as plotted, key resistance --> 117 level
I'd buy low above 114.40.
There is an ascending trend from 89 in 2000;
weekly support -->114.40, which was successfully tested as a solid support yesterday
Short term, it's probably back into the downward channel as plotted, key resistance --> 117 level
I'd buy low above 114.40.
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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.