Bearish Momentum Setting In - Daily Range
Bearish momentum Setting in on higher time frames. Currently in a range on the Daily time frame
-At monthly broken support now resistance
-Top wicks at resistance
-No major support has been tapped into.
Looking for further downside. Trade deal with China is "close" to be finalized..
If we break above 1478 with possible further upside to 1600
- 1500 Target
If we break below 1450
-1435 Target
-At monthly broken support now resistance
-Top wicks at resistance
-No major support has been tapped into.
Looking for further downside. Trade deal with China is "close" to be finalized..
If we break above 1478 with possible further upside to 1600
- 1500 Target
If we break below 1450
-1435 Target
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