Quick post to map key supports nearby.
We should see a significant bounce soon.
Admittedly, the sentiment is ultra bearish .
35,075 - 242 might the end current wave down.
33,500 - 692 should be strong support for a bounce.
32,750 - 33k will be Bulls Last Stand before new lows.
We should see a significant bounce soon.
Admittedly, the sentiment is ultra bearish .
35,075 - 242 might the end current wave down.
33,500 - 692 should be strong support for a bounce.
32,750 - 33k will be Bulls Last Stand before new lows.
Comment:
Nice bounce thus far.
about 5% from the exact support but now we have 2 fibs defending 37 round.
Will be impressed if we get past 37 first push.
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about 5% from the exact support but now we have 2 fibs defending 37 round.
Will be impressed if we get past 37 first push.
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Comment:
Almost 6% now
In minutes! and we got past the 37k resistance.
BUT expect a retest of 37k very likely.
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In minutes! and we got past the 37k resistance.
BUT expect a retest of 37k very likely.
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Comment:
about 7%
And that might be about it a bit 25mins to NYSC open, maybe the next move then
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And that might be about it a bit 25mins to NYSC open, maybe the next move then
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Significant bounce where expected
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Zoom IN (1 min) For a closer look at the bounce
but the cluster fibs around it.
However, this is by NO means a sign of "bottom".
BUT, it would be a good start if US buys today, Friday.
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