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benedekdomotor
29 juin 2020 10:45

One step forward, two backward 

Description

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.
Commentaires
duvet_sharukhen
I might think if we go all the way up too 3090 we defininty going up too 3125 too take all retail traders who has a sell, then shooting down to main point at 2960
Plus