US BANK INDEX - 15% Countercyclical Trade?
تم تحديثه
The selloff has been fairly steep in this index as we now trading below the descending channel. We are very oversold here, so let's look for a re-entry back into the channel and see if we can hit channel resistance before we get another consolidating sell-off.
Here's the weekly snapshot:
We can see we are close to the EMA200 and will probably need to retest resistance before we break below it.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Here's the weekly snapshot:
We can see we are close to the EMA200 and will probably need to retest resistance before we break below it.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
ملاحظة
Back in the channel! Very nice.ملاحظة
OK! At resistance and consolidating now. We should not trade below 96ish.ملاحظة
Ah!تم إغلاق الصفقة يدويًا
Broken support!
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.