The indices had a rather wild week, the technicals are approaching being oversold. A bounce from here would not be unexpected as there is some consolidation occurring as price is currently hovering around the June low's area.
I'd like to see the market cycle back to an area of being overbought and finding a low risk confirmed area to short from. At this time I'm looking for thing's to setup again for a desirable entry.
I've adjusted support and resistance structures accordingly.
I'd like to see the market cycle back to an area of being overbought and finding a low risk confirmed area to short from. At this time I'm looking for thing's to setup again for a desirable entry.
I've adjusted support and resistance structures accordingly.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.