Our reports yesterday were spot on. We called out the breakout from 4580 perfectly, and we hit our profit target of 4632. We are currently seeing some resistance here, as confirmed by a red triangle on the KRI. News that Ukraine may be offered neutrality may drive the markets higher. We feel this rally may still have legs, and should be able to clear some of levels above. In particular, we have 4649, 4668, and 4693. We could reach as high as 4729 before seeing a technical retracement. The Kovach OBV has been weak compared to the strength of the rally so this is a reasonable assertion. A retracement from current levels could take us back to support at 4440. This would be about a 61.8% retracement on the Fibonacci levels.
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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.