We did post this elsewhere, cluster of moving averages, confronting the space.
The incremental negative divergence is the hurdle.
What is more important, occasional profit taking is far healthier than what is understood.
In that sense, we are due for one. Yesterday fall is it warming for bigger fall, or the rise post the fall warming for a rise.
One has to wait and see. Suffice to note, the confluence of the supply zone, the exponential moves in many of its components, negative divergence. Clearly for incremental moves this can unfold a challenging place.
That said market may stretch before the correction, that can be far severe and swift.
11200-11400 can suffice near term range.
The incremental negative divergence is the hurdle.
What is more important, occasional profit taking is far healthier than what is understood.
In that sense, we are due for one. Yesterday fall is it warming for bigger fall, or the rise post the fall warming for a rise.
One has to wait and see. Suffice to note, the confluence of the supply zone, the exponential moves in many of its components, negative divergence. Clearly for incremental moves this can unfold a challenging place.
That said market may stretch before the correction, that can be far severe and swift.
11200-11400 can suffice near term range.
TA Primer ping me on +971507107155 +918106170817 details @sribhashyam65 twitter handle
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
TA Primer ping me on +971507107155 +918106170817 details @sribhashyam65 twitter handle
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.