The index is in an uptrend. It is traded at the upper border of the channel. I expect a slight pullback from resistance and further growth with the trend.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
there is a problem in your technical calculation, you are probably expecting a breakout and this is just a forecast, but all traders like those who are retailers or those who are investors but expect a drop in the prices of country indexes. The economy is once again facing a wave of 3 covid with a newer and stronger variant in terms of global ranking. No one can watch a breakout without seeing a fundamental movement
In my eye the whole fall will be in very strong shocks in the 3rd quarter of this year which has already started every day on Monday we have seen that the indices have failed by -2.5% on average and then have taken a very recovery quickly fake which has been as a consequence of large supply of money printing.
This will add to the high inflation that people are eating as bait, I do not think the 5% and 6% inflation coming to be transient and passable so I will still wait for Fed rates.
I do not believe that a daily trader should see an increase which at the moment is a bubble that will burst soon, I have started my short since Friday and will continue to add.
Thank you
EDIN-DANMARK
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@erikdobra agreed with you..
mobi819
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I agree
Lingrid
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@erikdobra, ok
UnknownUnicorn11720831
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@Lingrid, forgive me if you think differently I respect it I just gave an argument of my own and as I said I should not take part and mine is everyone has their own strategy
Marcjonkman
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@Lingrid, have respect for people who give you feedback. saying ok is like Idc, and if you dont care, dont post please.
proteautype
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I agree with you here!
SignalProvider
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My technical analysis shows that you are correct!
nice work
In my eye the whole fall will be in very strong shocks in the 3rd quarter of this year which has already started every day on Monday we have seen that the indices have failed by -2.5% on average and then have taken a very recovery quickly fake which has been as a consequence of large supply of money printing.
This will add to the high inflation that people are eating as bait, I do not think the 5% and 6% inflation coming to be transient and passable so I will still wait for Fed rates.
I do not believe that a daily trader should see an increase which at the moment is a bubble that will burst soon, I have started my short since Friday and will continue to add.
Thank you