Beware of Down Trend YM/MYM This Week
Appearing like we are hitting down trend on Dow futures. My targets are as follows:
Monday (12-14-20): 29830
Tuesday (12-15-20): 29770
Wednesday (12-16-20): 29718
Thursday (12-17-20): 29670
Friday (12-18-20): 29646
This down to sidewards trend is likely the scenario across markets for at least the near foreseeable future IMO.
Prepare accordingly : )
Monday (12-14-20): 29830
Tuesday (12-15-20): 29770
Wednesday (12-16-20): 29718
Thursday (12-17-20): 29670
Friday (12-18-20): 29646
This down to sidewards trend is likely the scenario across markets for at least the near foreseeable future IMO.
Prepare accordingly : )
Note
wow went even lower than expected, we will see if there is any kind of bounceNote
so far looking pretty spot on, new estimates are as follows; adjust due to OPEX this weekTuesday 29801
Wednesday 29777
Thursday 29767
Friday 29766
The prediction is in...
= FIB
= FIB
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.
The prediction is in...
= FIB
= FIB
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.