Bullish momentum to continue. I will b looking for buys, but am very unsure of the buy level at this stage
At the moment there is a very good change of bearish movement between the current price level and 2780, down to possibly 2712
My short term target is 2764. We might get a drop firs, but most like up from 2750
I am expecting more bullish movement up to 2740 and possibly 2748
I am sticking to my bearish prediction from yesterday. Possible buy levels as indicated on the chart
For now I am thinking bullish, with possible 2714 & 2737 as POI's
I will be looking at the orange line for this news filled week, with a small chance of the red line
The orange line is my plan for this week, with smaller chance of the red line
What I am seeing. News could cause an up as well, but I at this moment believe down
I believe we will see a retest of 2642 (near 2658 or near 2663) before further bullish momentum up to possibly 2675
Buy near 2626 up to 2645 or buy near 2610 up to 2625 Mostly sideways movement expected
I believe we will still go down in the short term, before upwards momentum. So I will be looking for buys near 2634 and 2622
I believe we can expect a drop to near 2620 and 2606, before further bullish momentum.
I believe the market will recover to key levels near 2660. With the right conditions at this level, we should have further bearish movement to near 2540
I believe we will be bullish to near 2710, where we can expect a sell, before a further bullish move
I believe we will see more upwards momentum to near 2705, and then a a sell to at least 2675 and possibly lower. I am highlighting all the possibilities I am seeing.
Here is my future outlook. Will look for sell confirmations on the 3 marked areas. At the moment the exact upper level is not confirmed. I do believe the bottom end target should be the same
I believe we can expect a further rise to my target level near 2673. Currently it is unclear if we can expect bullish or bearish momentum from this level