Trend Analysis: updated 3/6/24
Total Life Trend up by 1.4% expect trend to continue, expecting more incline by 60% -1.8%
Structure:
Momentum Build up, strong upward potential weak bear market,
Updated 3/6/24
Support & Resistance Levels:
updated 3/6/24
Previous Highs = 251.14, 253.09, 254.4,
previous lows = 250.05, 249.3, 246.28, 245.6
Crossovers & Moving Averages: Updated 3/6/24
*(1H TC Based)-
(-1.8%) (volatility) = Momentum expected to push (inclined), take to -0.06% = 1.74%
Scenario Analysis:
-market to drop 30% - 40% to Round 247.6 then incline by 2.2% to Round 253.00
-market continue incline by 60% to Round 250.05
Updated:3/6/24:
-market continue up 1.7% @ 252.44
-market drop (-50%)
EIM = Early In month
Total Life Trend up by 1.4% expect trend to continue, expecting more incline by 60% -1.8%
Structure:
Momentum Build up, strong upward potential weak bear market,
Updated 3/6/24
Support & Resistance Levels:
updated 3/6/24
Previous Highs = 251.14, 253.09, 254.4,
previous lows = 250.05, 249.3, 246.28, 245.6
Crossovers & Moving Averages: Updated 3/6/24
*(1H TC Based)-
(-1.8%) (volatility) = Momentum expected to push (inclined), take to -0.06% = 1.74%
Scenario Analysis:
-market to drop 30% - 40% to Round 247.6 then incline by 2.2% to Round 253.00
-market continue incline by 60% to Round 250.05
Updated:3/6/24:
-market continue up 1.7% @ 252.44
-market drop (-50%)
EIM = Early In month
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.