We can see how support came back in at old cloud chart support levels of 6565 and close to 5661 cloud chart support zones!
Watching to see if 7505 old support levels will come back into play at these levels!
From a point and figure chart perspective, it hit a few targets 8000, 6400 and almost the 5600, when the market rebounded from 5920! Made a key P&F chart reversal, and is now back in a short-term uptrend. Watching those P&F chart reversals closely from a downside risk management perspective.
No comments:
Post a Comment