We may derive the following from the Weekly J200 chart:
1. Price has found support at a long term demand zone.
2. We will need to wait and see what price does - giving us a short continuation trade or long initiation.
3. Monitor price action and be patient.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price has found support at a long term demand zone.
2. We will need to wait and see what price does - giving us a short continuation trade or long initiation.
3. Monitor price action and be patient.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
