(Zeta) 3M Strategic Sync (Sell) Trend Analysis:
5/28/24
market trend high @ (+7.5%/18.26 (SBS DEV TP)) market declines from this point continues through +3.9%/$17.55 (SBS DEV 1H TP) & +1.5% / +0.9% TP's. expect
Expect declining trend to continue to fill in decline gap Next expected TP = -3.9% / $16.33
Scenario Analysis:
5/28/24
Continue decline to -0.9% / $16.84.
*(expect to widen risk management @round this area due to directional bias uncertainty... $16.84 area)
continue decline to $16.33 / -3.9% area
may see short-term (0.30% - 0.65%) retracement (inclined) @ $16.84 area before decline continuation
Objective & Targets:
5/28/24
Continue decline to -3.9% / $16.33
expect retrace close to 70% then continue decline ... @ $16.84