If the January Effect (coined by Peter Brandt) holds well, it means that the January high could be the yearly high.
Price is currently very near the January high and has signs of rejection.
Watch this level closely as we could be in for a major move down.
Price is currently very near the January high and has signs of rejection.
Watch this level closely as we could be in for a major move down.
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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.
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.