Heavy news this upcoming week and the rollover for Futures contracts on 9/13. CPI falls on 9/13 as well, so prepare your charts accordingly!
Given the rate we are at for inflation and the housing market supply/demand, I am preparing for either a push to break this wall of resistance we have been facing the past few weeks (pink line) or a break of the blue trend line below.
EOW Targets: BULLS 15730-830 or 16000 BEARS 14800 or 14990-15100
If you zoom out and look at the HTF (4HR), we have a possible head and shoulder from June to today. We also see constant support off the blue trendline for that continuation to the upside to reach the head. It's a waiting game, let's be patient to find out what happens this week!
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.