Back in April, I suggested the long-term uptrend from 2008 may have topped, shifting into a multi-year correction toward the 260–150 support zone. The decline unfolded faster than expected, with news-driven selling hitting the upper edge of that macro support — followed by a strong rebound.
Apr mind https://tradingview.sweetlogin.com/symbols/NYSE-UNH/minds/?mind=pSEJdTTuQCSsA41owEeAWA
Currently, price is consolidating constructively. As long as 282 holds, I favor a continuation higher into the 360–430 resistance zone where we’ll reassess the broader structure.
Daily chart
Macro chart
Thank you for your attention and I wish you successful trading and investing decisions!
Apr mind https://tradingview.sweetlogin.com/symbols/NYSE-UNH/minds/?mind=pSEJdTTuQCSsA41owEeAWA
Currently, price is consolidating constructively. As long as 282 holds, I favor a continuation higher into the 360–430 resistance zone where we’ll reassess the broader structure.
Daily chart
Macro chart
Thank you for your attention and I wish you successful trading and investing decisions!
Trade active
Higher-low setup from Jul 13 got invalidated. Price is trying to re-assume mid-term uptrend. As long as price holds above Tuesday’s highs in the immediate term, and above 295–285 local support, I’m looking for upside potential toward 350+.
Chart:
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Daily insights, trend analysis, set-ups and commentary on Crypto and U.S. equities
t.me/MarketArtistryENG
Личные размышления, комментарии о глобальных финансовых рынках и торговые идеи: t.me/marketartistry
t.me/MarketArtistryENG
Личные размышления, комментарии о глобальных финансовых рынках и торговые идеи: t.me/marketartistry
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.