If we go above 3400 its the new bottom until correction/crash.
3k first line of defense for bulls or bears. Then 2500-2800 ish .
2200 absolute bottom backed by fibo level and 50 year old channel.
So if we stay above 3k/2200 then technically, buying the 5-15% dips, going long twice a month 60day exp and its free money.
Recession reverted/postponed, thanks JP
3k first line of defense for bulls or bears. Then 2500-2800 ish .
2200 absolute bottom backed by fibo level and 50 year old channel.
So if we stay above 3k/2200 then technically, buying the 5-15% dips, going long twice a month 60day exp and its free money.
Recession reverted/postponed, thanks JP
Note
boring slow moving market.
I think printer starts at the 10th afaik, so lets see how 3k +/- holds. Greyzone are large resistance/support/tons of volume/fibs/etc from macro timeframes
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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.