All in the video, just the basic idea for the upcoming week and maybe into the following week. Support at 4300 is strong, a swift move down under is possible into Monday but I don't think it will break (as of now). A small bounce for a week or more is likely, and I think tech outperforms. Enjoy your weekend and good luck!
Not
false breakdown - take out shorts by close I assume. Still a bull trap as far as I can tell. (AB and now C of 4) 5 tomorrow or overnightNot
bullls making an attempt but nothing certain just yet. If they can keep pushing over 4300 it will likely get more traders buyingNot
market just keeps creeping down. They say "never short a dull market" this is the same in reverse. I think it's best to just wait for some kind of recovery. Right now QQQ is barely holding on to this wedge, I thought they would save it by now. We are firmly under that support shelf mentioned (4300) Not
there's a gap on ES (futures contract) which almost was filled today. Traders may have stepped in early in anticipation of it being support at the end of the day. It may be enough, we'll see tomorrow. If they bounce from here it would simply be a test of the head and shoulders neckline, so the bounce will likely be muted. Not
Looking a lot like a Wykoff distribution top - school.stockcharts.com/lib/exe/fetch.php?media=market_analysis:the_wyckoff_method:wyckoffdistribution2.pngNot
IWM outperforming pre market, worth a watch for the other indexes.İlgili yayınlar
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.
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.