For Tuesday, 88.76 can contain weekly selling pressures, above which 96.18-96.36 is expected within the week, a range of longer-term resistance able to contain buying through the balance of the year, once tested 76.97 attainable over that time horizon.
A settlement today above 96.36 indicates 99.92 within the week, while a weekly settlement Friday above 96.36 would signal 110.72 by the end of the year, where the broader market can top out into next spring.
Downside Tuesday, closing below 88.76 indicates a good weekly high, 82.35 then likely by Friday’s close, possibly yielding 76.97 by the end of November.
A settlement today above 96.36 indicates 99.92 within the week, while a weekly settlement Friday above 96.36 would signal 110.72 by the end of the year, where the broader market can top out into next spring.
Downside Tuesday, closing below 88.76 indicates a good weekly high, 82.35 then likely by Friday’s close, possibly yielding 76.97 by the end of November.
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.