A two-sided framework continues through summer between 62.14 long-term support, and 82.93 long-term resistance, both regions able to contain seasonal activity.
Downside, a weekly settlement below 62.14 indicates 53.87 within several months, longer term Fibonacci support able to contain selling into later year.
Upside, a weekly settlement above 82.93 indicates 94.67 within several months, able to contain buying on an annual basis.
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For Tuesday, 70.31 - 69.81 can contain weekly selling pressures, above which 75.53 remains a 3 - 5 day target, the next 3 - 5 weeks allowing 82.93 long-term resistance.
Upside Tuesday, 73.30 can contain intraday strength, beyond which 75.53 is attainable intraday and able to contain session strength.
A settlement today above 75.53 signals 77.35 within several more days, the targeted 82.93 within 2 - 3 more weeks.
Downside Tuesday, closing below 70.31 pivots the market south into later June, 62.14 long-term support then considered a 3 - 5 week target.
Downside, a weekly settlement below 62.14 indicates 53.87 within several months, longer term Fibonacci support able to contain selling into later year.
Upside, a weekly settlement above 82.93 indicates 94.67 within several months, able to contain buying on an annual basis.
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For Tuesday, 70.31 - 69.81 can contain weekly selling pressures, above which 75.53 remains a 3 - 5 day target, the next 3 - 5 weeks allowing 82.93 long-term resistance.
Upside Tuesday, 73.30 can contain intraday strength, beyond which 75.53 is attainable intraday and able to contain session strength.
A settlement today above 75.53 signals 77.35 within several more days, the targeted 82.93 within 2 - 3 more weeks.
Downside Tuesday, closing below 70.31 pivots the market south into later June, 62.14 long-term support then considered a 3 - 5 week target.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.