High Probability trade on SPDR TRUST TECHNOLOGY SELECT: XLK
The following are trades setup ideas in the daily chart for SPDR TRUST TECHNOLOGY SELECT: XLK
There are 2 distinctive dotted lines labelled as
1. AI's Resistance Line
2. AI's Support Line
If price action was below the AI Resistance line AND Retested below AND eventually closed below this line, the idea is to short and take profit at AI's Support line.
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
There are 2 distinctive dotted lines labelled as
1. AI's Resistance Line
2. AI's Support Line
If price action was below the AI Resistance line AND Retested below AND eventually closed below this line, the idea is to short and take profit at AI's Support line.
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.