For Wednesday, 72.83 can contain selling through the balance of the week, above which the 77.48 formation is likely by the end of next week or sooner, able to contain weekly buying pressures when tested - possibly through the balance of July.
A daily settlement above 77.48 indicates the more significant 81.97 long-term resistance level within 1 - 2 more weeks, where the broader market can top out into later year and a significant upside continuation point over the same time horizon.
Downside Wednesday, closing below 72.83 signals 69.15 within several days, possibly yielding another test next week of 67.08, able to contain selling on a weekly basis and above which 77.48 is attainable over the next 3 - 5 weeks.
A daily settlement above 77.48 indicates the more significant 81.97 long-term resistance level within 1 - 2 more weeks, where the broader market can top out into later year and a significant upside continuation point over the same time horizon.
Downside Wednesday, closing below 72.83 signals 69.15 within several days, possibly yielding another test next week of 67.08, able to contain selling on a weekly basis and above which 77.48 is attainable over the next 3 - 5 weeks.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
免責聲明
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。