Based off the USA's decision to increase Tax for the wealthy - one could assume that Investors would pull out some money once stocks are at all time highs and once earnings are done, this could cause a fundamental move down which I assume could happed at my sell zone or either at 14250 - 14350 depending how much of a rally we get.
Overall move is down but breaking it down into day trading tactics we can see a potential bull run to market areas, another sell zone could be at 14065, all depends how NYSE opens, if break 14065 we will see my zones, if 14065 maintains its resistance then we could go down from there.
Overall move is down but breaking it down into day trading tactics we can see a potential bull run to market areas, another sell zone could be at 14065, all depends how NYSE opens, if break 14065 we will see my zones, if 14065 maintains its resistance then we could go down from there.
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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.