SPX seems to running into problems here. It opened gap down today and filled the previous gaps. But it left an unfilled gap on the upside: 4277-4321. If the gap doesn't get filled, it will likely to boost the global sell-off.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Note
SPX is showing good strength today. If it is able to consolidate these gains, Nifty is likely to show some similar kind of rebound.
Global Community & Moderation Manager,
TradingView
TradingView
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Disclaimer
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Global Community & Moderation Manager,
TradingView
TradingView
Related publications
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.