BlueHatInvestor

US100 ~ November TA Outlook V2 (4H Intraday)

Long
CAPITALCOM:US100   US 100
US100 chart mapping/analysis V2.

Always good practice to revisit your chart(s) after couple days with a refreshed perspective, to determine whether your initial TA has complimented developing price action, or your drawings need to be updated/overhauled.

Revisit updates:
  • Re-adjusted ascending parallel channel (green line) + highlighted middle trend-line (white dashed) to emphasize potential resistance of breakout price action
  • Extended descending trend-line (light blue dotted) to connect pivot points from Nov 2021 Dec 2021 peaks

Remaining TA drawings have held up so far, TBC.

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