One step forward, two backward
Our outlook for Monday is not good... nor bad.
We are in no man's land, like in the last week. The "US 500" bounced back from its last support(3004), but an impulse move down could destroy it easily.
On the other side: 3000 is also psychological support, the FED might not let it fall, but who knows.
You can spot a "Regular Divergence" on MACD with higher lows, which indicates a trend reversal.
I would wait for a bigger move up/down because I have no idea where we are heading :D
I hope this analysis was helpful to you.
We are in no man's land, like in the last week. The "US 500" bounced back from its last support(3004), but an impulse move down could destroy it easily.
On the other side: 3000 is also psychological support, the FED might not let it fall, but who knows.
You can spot a "Regular Divergence" on MACD with higher lows, which indicates a trend reversal.
I would wait for a bigger move up/down because I have no idea where we are heading :D
I hope this analysis was helpful to you.
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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.
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.