Sideline move but RSI will spoke during coming week and will shows the clear signal . Strangles options chain between 2950 and 2727 will be perfect if its broke those levels . Targeting 3100 OR 2500 by 23rd June which will gives more room for profitable movements . As we can see RSI signal became too tights between down/Up trend once its break one of them the momentum will be extreme . MFI showing negative divergence during recent sessions but also we need to see significant change on volumes to clear the vision for coming weeks .
Trade active
Trade active
almost arrived 1st point. we can see how money flow index keeps decline while RSI broke the trend up .. Similar to Oct 2019 signals.. market continue moving up for monthsTrade active
Achieved 3rd point UP Note
Perfect Strangle .. Trade closed: target reached
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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.