PA came back down to retest the previous resistance and it failed as support.
Bulls have caught the fall for now and we wait to see what happens today.
PA currently sitting on a line of Support on the VRVP
That is a shorter term 4 hour chart showing more details for the near term
The Orange dash line is the Value Area High. Hopefully this wil hold.
Below that, we have the POC, Point of Control at 87500 area.
The 4 hour MACD
We can see the MACD has fallen below neutral and the histogram shows that fall not enfing soon. Lets see what happens when IF the Red signal line hits neutral.
The Daily MACD
We can also see the daily MACD turning over a little as the Histogram has turned white for 2 days
A lot points towards PA maybe dropping back to the High to Mid 80K mark but I think we may see that reversed a little today.
We Just have to wait and See.....
Time always Tells
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.