Good morning Traders,
Market continues to have trouble holding onto higher prices, and we are now threatening another leg down to 3966 area.
We are hanging out below the -2 standard deviation on the month, which is troubling for this market. We may get a temporary rally towards VWAP, but I would expect it to to continue lower and run into that 3966 area eventually.
Market continues to have trouble holding onto higher prices, and we are now threatening another leg down to 3966 area.
We are hanging out below the -2 standard deviation on the month, which is troubling for this market. We may get a temporary rally towards VWAP, but I would expect it to to continue lower and run into that 3966 area eventually.
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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.