Seeing H&S developing and it should play like that given the situation BUT we have a wildcard - namely the FED. And them saying they are ready to buy ETFs to prop the market, I am not sure it will play out this way
Nota
A thing to watch here would be a divergence on the right shoulder bounce. The strength of the divergence may give us a hint on how deep the right shoulder correction would go
Nota
We had a nice trade today from rejection of the 2887 down to 2855. Looking for continuation to 2830 after consolidation in the 2855 area
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.