SQ 10/18 Analysis
SQ: Bull / Bear Potential Play - Gaps On Both Sides
Rejected Off Weekly Resistance Of 240 10/11 & Bounced @ Key 232 Region, Creating A Higher Low. Ran 21 Points(9%) Rest Of The Week. Made A 3 Point Gap In Process & 2 Demand Zones. . Possible Bounce Play @ 250 Or Flush Towards 245 Before Rallying Towards 255+ Daily Stochastic/ TTM To 3HR Bullish Or Neutral. 2HR & Under Leaning Bearish. Bullish Above 248.50 (200 EMA)
Rejected Off Weekly Resistance Of 240 10/11 & Bounced @ Key 232 Region, Creating A Higher Low. Ran 21 Points(9%) Rest Of The Week. Made A 3 Point Gap In Process & 2 Demand Zones. . Possible Bounce Play @ 250 Or Flush Towards 245 Before Rallying Towards 255+ Daily Stochastic/ TTM To 3HR Bullish Or Neutral. 2HR & Under Leaning Bearish. Bullish Above 248.50 (200 EMA)
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