Its hard to not get caught up in the anxiety inducing ups and downs for the 5, 15, 30 minute charts, and even the hourly and 4 hourly. But if we take a step back, breath for a second, and try and reassess from a bit of distance, we can see that a giant Bull flag has been printed on the daily. This daily structure would negate many of the structures observed in the shorter time frames.
Target should be in the mid to upper 13k. Dont expect this to happen in the next 10 minutes. This is a daily structure, so, like your breathing, slow down expectations too.
Clearly, not trading advice, just something to thinkin about.
Target should be in the mid to upper 13k. Dont expect this to happen in the next 10 minutes. This is a daily structure, so, like your breathing, slow down expectations too.
Clearly, not trading advice, just something to thinkin about.