The index current trades with a 'strong' but 'near overbought' ranking, with the daily Relative Strength Index looking to cross down from above 70.
The underlying time frames (4H and 8H) signal a weakening trend, with the Relative Strength Index in a downward trend (upper panel).
The price is currently capped at 'resistance level 3' which has held since 08 January 2021
The price currently trades 15% above it's 200-day.
Fresh long should exercise caution.
Stop: 59300
The underlying time frames (4H and 8H) signal a weakening trend, with the Relative Strength Index in a downward trend (upper panel).
The price is currently capped at 'resistance level 3' which has held since 08 January 2021
The price currently trades 15% above it's 200-day.
Fresh long should exercise caution.
Stop: 59300
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.