Weekly review 3-9-25
2 weeks ago saw a non-overlapping bear bar signaling likely continuation down. We have now
completed a bull flag wedge pattern testing the breakout of the Sept 9th week. Last week's bar was strong, suggesting lower prices, but I expect a pullback first. This is
a tight channel down, and the market is in AIS, and there will be sellers above. That being said, I expect a pullback next week before bears get another leg down. I expect buying early in the week at least. The lower probability event would be another strong bear bar, which would
likely result in 1-2 more legs down before a pullback.
2 weeks ago saw a non-overlapping bear bar signaling likely continuation down. We have now
completed a bull flag wedge pattern testing the breakout of the Sept 9th week. Last week's bar was strong, suggesting lower prices, but I expect a pullback first. This is
a tight channel down, and the market is in AIS, and there will be sellers above. That being said, I expect a pullback next week before bears get another leg down. I expect buying early in the week at least. The lower probability event would be another strong bear bar, which would
likely result in 1-2 more legs down before a pullback.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.