BXP has been moving up in a corrective manner, signaling weakening bullish momentum especially with volume drying up.
The price recently reacted from a resistance area, formed an ascending wedge, and touched the upper Bollinger Band. Today, we’ve seen a breakdown from that pattern, which to me confirms a solid entry opportunity to the downside.
Given that I’m expecting a broader market pullback in the SPY, I’ve taken this opportunity to enter a short position on BXP, aligning with my strategy and market outlook.
The price recently reacted from a resistance area, formed an ascending wedge, and touched the upper Bollinger Band. Today, we’ve seen a breakdown from that pattern, which to me confirms a solid entry opportunity to the downside.
Given that I’m expecting a broader market pullback in the SPY, I’ve taken this opportunity to enter a short position on BXP, aligning with my strategy and market outlook.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。