We did post this elsewhere, cluster of moving averages, confronting the space.
The incremental negative divergence is the hurdle.
What is more important, occasional profit taking is far healthier than what is understood.
In that sense, we are due for one. Yesterday fall is it warming for bigger fall, or the rise post the fall warming for a rise.
One has to wait and see. Suffice to note, the confluence of the supply zone, the exponential moves in many of its components, negative divergence. Clearly for incremental moves this can unfold a challenging place.
That said market may stretch before the correction, that can be far severe and swift.
11200-11400 can suffice near term range.
The incremental negative divergence is the hurdle.
What is more important, occasional profit taking is far healthier than what is understood.
In that sense, we are due for one. Yesterday fall is it warming for bigger fall, or the rise post the fall warming for a rise.
One has to wait and see. Suffice to note, the confluence of the supply zone, the exponential moves in many of its components, negative divergence. Clearly for incremental moves this can unfold a challenging place.
That said market may stretch before the correction, that can be far severe and swift.
11200-11400 can suffice near term range.
TA Primer ping me on +971507107155 +918106170817 details @sribhashyam65 twitter handle
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TA Primer ping me on +971507107155 +918106170817 details @sribhashyam65 twitter handle
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。