Seeing lots of buying support now
Note
I am long at 6272, for a short correction wave to about 6500/6700Note
I am out at 6495Note
Probably another wave up will come, waiting for 6350/6400, to buy again. This is all a correction in the downtrend. I think an ABC correction to about 7000 is being set today. So it will drop once more today, but not below the 6200. If it breaks through the resistence line i circled, and than above the last high of 6700, ecxpect at least a pull back towards the big (old) support of 7000.
Note
I think one more small drop. Will but at 6300/6330Note
I am in at 6320Note
It should stay above 6300, otherwise everything i have said (probably) changes. I have my stop at 6200Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
