US2000USD Completed a major pattern yesterday so its set up nice for more upside. We do have the big data days coming up on Wednesday/Thursday which can change things but this is where we are for now.. Enjoy the day.
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After the nice rally from the pattern completion it has come all the way back down to make a new low. We have less fireworks in the way of US data this week so it might be a bit easier to get on board either way.
The next chart will have the update as to where it could be going next.
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Waiting for a low to come in then buy a decent rally PB. Can still be Bullish or bearish we just need to wait for the next move.
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We got that last low we were looking for and the rally. Now we wait for a top and an ABCD PB that could get back down to the 2k level but we just need to watch for a pattern to give us the area to buy.
Enjoy the day.
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Watching for intraday turn points today..
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The Russell is still working through the correction so we have to wait for a direction on this one. I will post intraday updates as we go through the week.
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With the NASDAQ getting weaker after leading the way to the upside the roles seem to have reversed with the RUSSELL closing above 3 Standard Deviations which is very rare. If you're in it good if not its best not to chase and wait for a PB.
Enjoy the week.
t.me/OCEANAISIGNALS
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t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
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.