GC Obtained the Objective Target - What's Next?

51
GC has completed its initial objective target from the M DIR 4106 trading 2APMDs to 4513. IF the MKT is good, a held trade of the PYC 4504 will tee up a test of the R level at 4617 and WHAT IF higher.

4617 defines the regime for the balance of the month, and is the line in the sand for the current regime. A held trade over the figure is a sign of strength and is not one to fade.

However, under the current conditions the expectation for slowing in the momentum within the zone of 4504 - 4617 is to be expected as we head into the SETTLEMENT PHASE of the month.

A break of 4410, on negative price structure tees up a retest of 4306 initially and a WHAT IF scenario to the month's open at 4107.

Keep it tight, and good luck.

免責聲明

這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。