These 2 gaps approximately linger around
- $8,500 - $8,400
- $6,000
Not only have the technicals I've provided since the midpoint of this year make sense, the CME Futures gaps confluence these levels perfectly as a bonus.
The first target remains at the $8,500 - $8,400 zone given. $6,000 remains the final zone we would see price achieve in the event of a catastrophic meltdown.
- $8,500 - $8,400
- $6,000
Not only have the technicals I've provided since the midpoint of this year make sense, the CME Futures gaps confluence these levels perfectly as a bonus.
The first target remains at the $8,500 - $8,400 zone given. $6,000 remains the final zone we would see price achieve in the event of a catastrophic meltdown.
Note
direction setTrade active
Support at 10450 is broken. Now It turns to be as a resistance which is the highest entry for shortSupport at 10250 is being tested at the third time and It is expected to be broken at the this time
The next support is 9800 which is target for current short signal
Invalidated above 10550
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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.