Just a repost of my final chart from my previous analysis, seemed relevant.
+ please click the attached analysis from last week for more details.
+ please click the attached analysis from last week for more details.
Note
We broke down from flags, but not impulsively. Sign of supportive buyingNote
Still can go Either way, Just keep an eye on the ballNote
The original chart had predicted the bounce to reach up to 290, but It is looking a little weak here already, so we will see if we make it or not.Note
So watch out for a bull trap near close, or the selling could start from right here. Decent Short opp, But first watch for a local blow off top/bull trapNote
Just trying to go up, but really struggeling, I think that institunal order flow is making it hard for this thing to get any higher, This could be it for upside already.. Green circle potential target if we have a strong close, RED box is backtest of more historic Support (now resistance). Not saying we hit these targets, but watch out for them. Im 80% sure we dont make either target today, but we will see how we close... Im 80% that we have topped already. Related publications
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Related publications
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.