The latest signal analysis and trading advice!
Mis à jour
- The market is trading above a bullish trendline since mid-April ; The mid-term trend is then bullish.
- However, since the establishment of a new all time high above the psychologic level of 20,000pts, bear traders have taken control of the market.
The RSI indicator has already given a bearish signal by breaking out its own bullish trendline, while both short-term moving averages are reversing to the downside.
- This is a bearish configuration. The bullish trend remains alive, but the sellers are clearly in control on the short-term.
This can be explained by the fact investors are seizing the opportunity brough by the current rising political and monetary uncertainties, to rebalance their portfolios and take some profits out ahead of the summer season.
The next support levels can be found around 18,895pts, 18,525pts, 18,160pts and even below by extension.
- However, since the establishment of a new all time high above the psychologic level of 20,000pts, bear traders have taken control of the market.
The RSI indicator has already given a bearish signal by breaking out its own bullish trendline, while both short-term moving averages are reversing to the downside.
- This is a bearish configuration. The bullish trend remains alive, but the sellers are clearly in control on the short-term.
This can be explained by the fact investors are seizing the opportunity brough by the current rising political and monetary uncertainties, to rebalance their portfolios and take some profits out ahead of the summer season.
The next support levels can be found around 18,895pts, 18,525pts, 18,160pts and even below by extension.
Transaction en cours
I’m so lucky you clicked on this article. Don’t rush into reading analysis, let alone advice! No matter how correct I read the trends, no matter how accurate I read the key points, if I don't do it well, it's all wasted effort. There are trading opportunities every day. If you have problems with your ideas, concepts, or techniques during the operation, and you cannot grasp the key points, stop. If you don't bear losses, buy and sell at will, and don't manage your positions well, it means nothing no matter how good the market is. The big waves wash away the sand, and what sinks is the gold. I am willing to move forward side by side with you! Every time I write an article, I also hope to meet someone who is destined to me. Whether your account is currently losing money, your account is stuck, or you are new to trading, no matter how much money you have, I can help youTransaction en cours
Today we released a lot of internal information, 99% of which made huge profits. If you are currently losing money, or your account is locked, you can follow me and I will help you out of the predicamentTransaction en cours
A lot of people message me every day and regret not joining me earlier, they get tormented in their daily trading, a lot of people lose all their money that they could have used to get more money, but they choose the wrong way, they think they can profit by themselves, but the end result is always surprisingly similar. Accounts were burned over and over again. So, if you still have money in your account and you want to recover all your losses and get more profits, you have to contact me. I guarantee you will work with me for 1-2 days and you will love this place forever. I promise that no other trader in my life can give you that feeling, so don't let yourself live in regret and don't wait until you've lost everything to contact me, then really no one can help you
Transaction en cours
Today we released a lot of internal information, 99% of which made huge profits. If you are currently losing money, or your account is locked, you can follow me and I will help you out of the predicament
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.