SimpleMethode

SimpleMethode

we had the resistance test in 1926. Pingo! the uptrend can be confirmed if the EMAs 50 cross over the 200 and the price stays above the 1900, where we can have a support test.

SimpleMethode

After this surgical correction, lol, we will probably have a continuation of the uptrend until 1926 if the price sustains above EMA 200 (H4) and above 1900.

SimpleMethode

If the stock market continues to see the data announced this week as positive, a Russell correction to 1886 is possible to continue the long trend. the break of the EMA 200 can confirm and favor long positions, otherwise it will serve as resistance for the entry of the Bulls

SimpleMethode

If we continue with bearish pressure, we may have confirmation of a return to the 71 - 74 zone. Chart on H4. EMA 50 Cross down EMA 200. We can also confirm that Bearish pressure is the break of support at 77. Daily chart. Price cross down EMA 50 and 200.