From the last 1872 rejection (rejected many times, because is strong), I think we will go up, and because:
1) We are above diary ma50 and ma200, and today we are green.
2) RSI and MACD is going up
3) we are close to break the down diary channel
4) 1976-80 is on consolidation
5) we are near VWAP weekly (1882)
6) s seems be a bull flag so is possible after the retrace to 1872, that return to new highs.
I change my first prediction from shorts to longs, maybe the best idea will be the target on 1904-1908
Good luck for your trades.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
1) We are above diary ma50 and ma200, and today we are green.
2) RSI and MACD is going up
3) we are close to break the down diary channel
4) 1976-80 is on consolidation
5) we are near VWAP weekly (1882)
6) s seems be a bull flag so is possible after the retrace to 1872, that return to new highs.
I change my first prediction from shorts to longs, maybe the best idea will be the target on 1904-1908
Good luck for your trades.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.