Good morning traders,
We are in a heavily traded area, with an over/under line at 4425 looming below. I would expect the market to dip down into that area today and try to find buyers. If we slip through, it puts us back into the lower distribution.
Everything I said above is big picture. Don't get too zoomed in and feel like the market is whipping around, when it's really just choppy in a heavily traded area.
We are in a heavily traded area, with an over/under line at 4425 looming below. I would expect the market to dip down into that area today and try to find buyers. If we slip through, it puts us back into the lower distribution.
Everything I said above is big picture. Don't get too zoomed in and feel like the market is whipping around, when it's really just choppy in a heavily traded area.
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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.