representing a retracement down to the Fib 0.382 level from the top one week ago
on the 30 minute time frame. Double bottom at the fib level. Additional confluence
from the anchored VWAP -3 stand deviations as well as now a gain today into the
price of the POC line of the local volume profile confluence into the VWAP.
Apparently, there are now buyers who will need to pause for the holiday.
This appears to be a rally of sorts for this index fund and a decent long setup.
The call options with Friday's expiration did quite well.
on the 30 minute time frame. Double bottom at the fib level. Additional confluence
from the anchored VWAP -3 stand deviations as well as now a gain today into the
price of the POC line of the local volume profile confluence into the VWAP.
Apparently, there are now buyers who will need to pause for the holiday.
This appears to be a rally of sorts for this index fund and a decent long setup.
The call options with Friday's expiration did quite well.
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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.