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MSFT Setting up for a Long trade
**Microsoft Value Correlation to USD and Interest Rates
>We are approaching oversold region for both correlations
**Election Year Seasonality forecast
>Setting up for a Bullish move on October 10
Technical Analysis:
1. Price could reach the highlighted Demand Zone and bounce.
2. Price could also reach the Gap Below the Demand zone. Price Gaps are like magnets because this is a market imbalance.
OTHERS:
>Scalpers can ride the Bearish trend until price reaches Demand Zone
>Long term traders can position for a Long trade at Demand Zone or at the Gap area.
***As always, manage your own trades, trade safe and make sure to do your due diligence when analyzing the charts.***
>We are approaching oversold region for both correlations
**Election Year Seasonality forecast
>Setting up for a Bullish move on October 10
Technical Analysis:
1. Price could reach the highlighted Demand Zone and bounce.
2. Price could also reach the Gap Below the Demand zone. Price Gaps are like magnets because this is a market imbalance.
OTHERS:
>Scalpers can ride the Bearish trend until price reaches Demand Zone
>Long term traders can position for a Long trade at Demand Zone or at the Gap area.
***As always, manage your own trades, trade safe and make sure to do your due diligence when analyzing the charts.***
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