It has gone back almost to square one, and as unexpected as it is, it does not change the overall view. The expected overall move is correction back towards 20,900 to remove the ovebrought state it is in. we are trading above regression channel and almost in most cases this will not last.
Strategy SELL @ 21,550-21,700 (and beyond) and take profit near 21,950 for now.
Strategy SELL @ 21,550-21,700 (and beyond) and take profit near 21,950 for now.
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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.