Pre-market, Tuesday, March 27, 2021
Good morning traders!
Here is the state of the market for today:
20 Days Trend: Up, ang getting stronger in its direction since last night.
VIX: 17.7. It stayed pretty much in a tight range, this might be an indication of consolidation/strnght.
Market
So far we have seen this market going higher at a slow but steady peace, not breaking out the current VA, but expanding it, and not fully coming back to the previous VAL, but going to a point around VPOC and the VAL. from this, we can infer this has entered a balances state, that might need some news to be broken. From here we can profit of knowing the pattern, and try to milk it:
1.-Coming back into value, near VAL, and going for a new high.
2.-Going directly to a new high, and coming back to VPOC.
3.-Failing, and breaking through VAL.
From here, I will like to go long.
Buy: 4173.25. Stop 4163. Profit 4189.
Here is the state of the market for today:
20 Days Trend: Up, ang getting stronger in its direction since last night.
VIX: 17.7. It stayed pretty much in a tight range, this might be an indication of consolidation/strnght.
Market
So far we have seen this market going higher at a slow but steady peace, not breaking out the current VA, but expanding it, and not fully coming back to the previous VAL, but going to a point around VPOC and the VAL. from this, we can infer this has entered a balances state, that might need some news to be broken. From here we can profit of knowing the pattern, and try to milk it:
1.-Coming back into value, near VAL, and going for a new high.
2.-Going directly to a new high, and coming back to VPOC.
3.-Failing, and breaking through VAL.
From here, I will like to go long.
Buy: 4173.25. Stop 4163. Profit 4189.
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.