Longs from friday will be forced out at some point in the next week or two. should be a large move down and a break below the channel that will cause recent longs to exit their positions before the move up. be there to take their long positions when they exit
Trade active
Target could be 226.05Trade closed: target reached
Hoping we hit 226.05 @ the bell on Friday. from there should be a quick ride up to 255 where it will initially get rejected before breakin through the old channel and going on a significant run through 2026. good luck and enjoy.
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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.