(SEIIV Studio's) FEDEX TA/TC 3/15/24 BUY THEN SELL

3/15/24

Price:255.6

Analysis:

Trend Analysis:

Trend may have hard time catching on to the incline, historical data shows significant velocity, this may cause less volume, trade pullouts etc... expect to go bear eventually.

Structure:

Significant velocity in uptrend expect uptrend to breakdown eventually market expected to incline 90% -1.3%


Support & Resistance Levels:

Highs = 257.22, 258.91, 261.33

Lows = 254.00, 253.21, 249.81, 245.91

Crossovers & Moving Averages:

Risk Management:

(+/-) 15% = Abort trade

News & Events:

Scenario Analysis:

Market declines (-25%) - (-50%), then turns bull inclines +1.3% = sell @ high to decline (-2.22%).

Market takes incline right on +1.3% TP@ 258.91, then sell @ high drop market by 2.22% TP@249.81

Market inclines +0.9%, declines 2.62% 250.95

Objective & Targets:

Push the +1.3% TP @ 258.91, then expect to sell highs drop market by (-0.5%) TP @257.67 at that point push back up Round (15%) - (20%), then push +1.4% TP @ 261.33, then drop 1.8% TP= 256.62

Market declines (-25%) - (-50%), then turns bull inclines +1.3% = sell @ high to decline (-2.22%).

Market inclines +0.9%, declines 2.62% 250.95