Hello everyone. It's been volatile for the past few days, especially after the higher-than-expected inflation came out last week. Investors were pretty concerned of the possible 1% rate hike. Two fed officials lowered the possibility that buyers came in again to try to take the control back.
With a higher low and same high structure formed on the daily, I think market is getting momentum to the upside. The key level is likely to be penetrated through. I got my confirmation on the volume marked on the chart.
It seems that after 34% drop from the peak created last November. Sellers need to take some rest. The key level is around 12900 where I expect huge selling pressure sits.
What do you think? Give me a like if you're with me.
With a higher low and same high structure formed on the daily, I think market is getting momentum to the upside. The key level is likely to be penetrated through. I got my confirmation on the volume marked on the chart.
It seems that after 34% drop from the peak created last November. Sellers need to take some rest. The key level is around 12900 where I expect huge selling pressure sits.
What do you think? Give me a like if you're with me.
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plan your trade and trade your plan
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。