Might have found a bottom. If we did could really run off these levels. Long at green levels.
This is pretty volatile so might be better to have tight stops below the levels marked. Point of invalidation is a good 60+ points, too risky on these upper levels.
Targets could be 7450ish, 7600ish, potentially ATH.
If we keep losing more levels then this could get grim. But the weekly/daily are an optimal stopping point of this local downtrend.
This is pretty volatile so might be better to have tight stops below the levels marked. Point of invalidation is a good 60+ points, too risky on these upper levels.
Targets could be 7450ish, 7600ish, potentially ATH.
If we keep losing more levels then this could get grim. But the weekly/daily are an optimal stopping point of this local downtrend.
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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.