Possible $7,500 in Near Term and Back Down for Higher Low.

Likely sideways within a trading range of $6,800 to $7,500 for remainder of November. We could possibly see a higher trading range. I'm still seeing a reversal to upward pressure occurring on the 2-Day Candle beginning November 27th or November 29th. Which is another reason why I'm saying sideways within a trading range for remainder of November. We will have to wait to see a confirmation for reversal to SUSTAINED upward pressure in the indicators for the Weekly, 9-Day and 12-Day Time Frames.

評論:

3h TF (Left) and 6h TF (Right):

評論:

UPDATE USING THE DAILY (24h) TF:

評論:

Let's see if we manage to run up to the Yellow 20-MA in the Daily; which is around $8,000 to $8,200. The White Energy is well in advance of the Green Line. When the White Energy Exhausts and turns down, the Green Line will turn down with it from a lower level. Anyway, when it exhausts and turns back down, I'm expecting a HIGHER LOW (Higher than $6,515) before we turn back up once again. We may remain within a trading range of $6,350 and $8,350 for a while before we finally break out into SUSTAINED LONG TERM UPWARD PRESSURE CONFIRMED IN HIGHER TIME FRAMES.

評論:

I plan on doing a LIVE Stream Friday, November 29, 2019 at 7:00pm Central Time (Chicago Time) in the U.S. The Link to the LIVE Stream will be posted on TradingView Friday, November 29, 2019 at 6:30pm Central Time (Chicago Time) in the U.S.

評論:

Link to LIVE STREAM: www.tradingview.com/...AGiLVinM9KHS84oYmBs/ We will actually begin at 7:00pm Central Time (Chicago Time). Music until then.