US500 Futures sitting in middle of critical Support/Resistance levels & 23.6%-38.2% Fib Retrace.
Key Global Economic data, BRICS Summit, Jackson Hole Symposium, & US Earnings (NVDA) ahead.
What a crazy/volatile time to be trading in Global Markets.
Commentaire:
Broke out of R1/S1 range & consolidating just above. Intraday Range ~4395 / ~4378.
Break above = new target area 23.6% Fib & R2 Level.
Break below = increased probability of re-testing S1 Level &/or further capitulation to 38.2% Fib & S2 Level confluence.
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.
Break above = new target area 23.6% Fib & R2 Level.
Break below = increased probability of re-testing S1 Level &/or further capitulation to 38.2% Fib & S2 Level confluence.