We have a tradeable setup with this week's shooting star occurring on the winter solstice at clustered Gann resistance (1/8 and 1/3 off 2 major lows) A bear candle next week would confirm,though next week may be dull due to holidays.The previous week was also a shooting star and before that it was a hanging man,so 3 successive bear candles
There was further resistance at 50% pressure point from the DE range measured from 1343 ie 1447 (high was 1448)
Turn on week 14 so we could decline into week 21-22 ?
edit - there is an error on the labelling should say resistance zone is 1425 - 1429.4
There was further resistance at 50% pressure point from the DE range measured from 1343 ie 1447 (high was 1448)
Turn on week 14 so we could decline into week 21-22 ?
edit - there is an error on the labelling should say resistance zone is 1425 - 1429.4
nice charts, especially the second one.
ReplyDeleteMaybe a brief break into the 1175/1150 zone in March?
Monthly charts would allow for it.
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