#Alsi - Index Weekly
If you've been wondering why the #ALSI has been trading like a yo-yo in the last few sessions, one needs to zoom out and get a better picture of what's happening.
We currently range bound in a consolidation that dates back to mid-April giving many short-term opportunities for traders. The last few weeks we have printed several 'spinning top' candles indicating the tug-o-war between the bulls & bears.
This is likely to continue until the range indicated is broken with a weekly close above or below in which case one can expect a new leg/rally.
We currently range bound in a consolidation that dates back to mid-April giving many short-term opportunities for traders. The last few weeks we have printed several 'spinning top' candles indicating the tug-o-war between the bulls & bears.
This is likely to continue until the range indicated is broken with a weekly close above or below in which case one can expect a new leg/rally.
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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.