DominikSebald

DominikSebald

Hi guys, the Emini is still bullish according to my analysis. The two horizontal green lines indicate the support zones in terms of volume (POC). Currently there is a risk that we might correct to this zone short term, but in the mid to long term I see no deeper correction. Also remember that April is a strong month in terms of stock gains, especially this year...

DominikSebald

In the 1 day chart, we can clearly see that the cloud represents a support zone. So far, Tenkan has not yet crossed the Kijou from above, so I expect a slight sideways movement, but it remains bullish in the long term. Note, however, that the cloud is thinning a bit, thus a breakout becomes more likely. In the 1 week chart, we are still strongly bullish.

DominikSebald

See text marker in chart. The testing of the cushion zone at 618 Fib will show us where it is heading further.