If this channel holds, I think we can expect 4.5-5% profit over next two days or so.
Of course, the most crucial pivot for this plan lies on the market sentiment on rate hike. Any hawkish news could push the index below the channel.
Good luck!
Of course, the most crucial pivot for this plan lies on the market sentiment on rate hike. Any hawkish news could push the index below the channel.
Good luck!