wedge top+ decreased volume = higher high MTR?
After a Thanksgiving week, the bulls have to take some profit. The support is 3920, 3870.
If I don't see volume increase, and market broken down below 3920, it is reasonable to expect the market go back to the previous trading range 3800+/- 50 pts.
Maybe we'll end this year just in the range?
Strong resistance above 4000. Sep 13 2022 big bear bar still in the way of bulls.
Anyway, at the end of the year, let us guard what we won this year, and be cautious.
If I don't see volume increase, and market broken down below 3920, it is reasonable to expect the market go back to the previous trading range 3800+/- 50 pts.
Maybe we'll end this year just in the range?
Strong resistance above 4000. Sep 13 2022 big bear bar still in the way of bulls.
Anyway, at the end of the year, let us guard what we won this year, and be cautious.