For Thursday, 70.49 can contain buying through next week, below which 67.16 remains a 3 - 5 day target, 62.14 expected within 3 - 5 weeks.
Downside Thursday, 67.16 can contain session weakness, while closing below 67.16 allows 62.14 by the end of next week, where the market can bottom out on a monthly (possibly seasonal) basis.
Upside Thursday, closing above 70.49 indicates 73.66 within 3 - 5 days, able to contain buying through next week and the point to settle above for indicating 82.93 long-term resistance within 3 - 5 more weeks.
Downside Thursday, 67.16 can contain session weakness, while closing below 67.16 allows 62.14 by the end of next week, where the market can bottom out on a monthly (possibly seasonal) basis.
Upside Thursday, closing above 70.49 indicates 73.66 within 3 - 5 days, able to contain buying through next week and the point to settle above for indicating 82.93 long-term resistance within 3 - 5 more weeks.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.