quantguy

Stocks Ranging Before Another Breakout

Alış
FX:SPX500   S&P 500 Endeksi
Stocks are ranging between 3825 and 3867. These are both levels identified by us, in addition to the ranging. Since it is Monday, we are unlikely to see any significant moves, so anticipate the ranging to continue, but we will know more details towards the open. The next target is 3887. We should easily hit this with another burst of momentum. If we retrace, we have some options for support from Fibonacci levels below at 3811, 3800 (also a psychological level), and 3792, which coincides with a technical level. The Kovach OBV is strong, but has recently flat-lined, confirming the ranging behavior.

Join my discord at discord.io/quantguy
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.