Epic trading action this week and the adage that "the crowd is usually wrong" was once again demonstrated.
This week's sell-off on Monday hit most of our downside targets we posted last week with the exception of the 2 remaining gaps @ 177.48 and 173.22.
The likely scenario is that we've found a short term bottom here.
A playable trade is for the market to pullback to the downside to fill the gap @ 194.68 followed by a rally to fill the gap @ 208.32 and a re-test of the symmetrical triangle.
This week's sell-off on Monday hit most of our downside targets we posted last week with the exception of the 2 remaining gaps @ 177.48 and 173.22.
The likely scenario is that we've found a short term bottom here.
A playable trade is for the market to pullback to the downside to fill the gap @ 194.68 followed by a rally to fill the gap @ 208.32 and a re-test of the symmetrical triangle.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.