YEARLY PIVOT ANALYSIS
MONTHLY PIVOT ANALYSIS
WEEKLY PIVOT ANAYSIS
ANY MOVE, BE CAUTIOUS WITH THE CONFLUENCES OF RESISTANCES AND AN UNTOUCHED WEEKLY VIRGIN TO THE TOPSIDE.
- price is currently auctioning back and forth between yearly BC and yearly pivot and over Yearly POC and Yearly L3.
- despite the first pullback at double GPZ (Yearly POC and Yearly L3 inside Yearly CPR), price has failed to create new highs.
- we have a Yearly money zone at 414 which could bring in yearly responsive buyers.
- a strong breakout to the downside would give a significant down move
MONTHLY PIVOT ANALYSIS
- we have a lower CPR relation and price opened below CPR indicating a bearish view.
- the width of the CPR and camarilla is narrow.
- price has traded sideways for almost a month.
- the conditions are good for a breakout move.
- we have a confluence of resistances from price range of 460 to 466.
WEEKLY PIVOT ANAYSIS
- we have a virgin weekly cpr from the month of may 2021.
ANY MOVE, BE CAUTIOUS WITH THE CONFLUENCES OF RESISTANCES AND AN UNTOUCHED WEEKLY VIRGIN TO THE TOPSIDE.