The indices had a rather wild week, the technicals are approaching being oversold. A bounce from here would not be unexpected as there is some consolidation occurring as price is currently hovering around the June low's area.
I'd like to see the market cycle back to an area of being overbought and finding a low risk confirmed area to short from. At this time I'm looking for thing's to setup again for a desirable entry.
I've adjusted support and resistance structures accordingly.
I'd like to see the market cycle back to an area of being overbought and finding a low risk confirmed area to short from. At this time I'm looking for thing's to setup again for a desirable entry.
I've adjusted support and resistance structures accordingly.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.