Technically Speaking
The $52 level was important to hold, in my view.
We will have to wait and see where buyers come in, but I will be watching the $40 level.
There were a near record amount of spec long positions. So the potential for more downside is likely.
What to do?
As long as 52 holds the upside, I will be looking to sell rallies.
I will be targeting the $40 area.
The $52 level was important to hold, in my view.
We will have to wait and see where buyers come in, but I will be watching the $40 level.
There were a near record amount of spec long positions. So the potential for more downside is likely.
What to do?
As long as 52 holds the upside, I will be looking to sell rallies.
I will be targeting the $40 area.
Publications connexes
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.