- As shown in the chart, the ascending trend-line acting as support has now been broken to the downside after the FOMC
- This could be signalling a much larger reversal on higher time- frames for this index
- Need to see weather we can break the previous resistance level that could now turn support first
- If this is accomplished then we have free fall
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
- This could be signalling a much larger reversal on higher time- frames for this index
- Need to see weather we can break the previous resistance level that could now turn support first
- If this is accomplished then we have free fall
THIS IS NOT TRADE ADVICE NOR A TRADE CALL