GS Expecting Breaking down to at least id 170s

Short

Goldman Sachs Group, Inc. (The) (NYSE:GS)

Updated

NYSE:GS Goldman Sachs Group, Inc. (The)

Financials terrible on all fronts in this environment. Will be big bounces along the way thou. Expecting a breakdown here at this 190s s/r level. Clears the way to the mid to low 170s. Like to see the interaction with that lvl.

Comment:

So far looks like a bearish retest of a nice relevant S/R levl. Break and hold 194 likely can flip bias to target 225. If it doesn't hold expecting to see 170s.

Trade closed: stop reached

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.