Weekly Analysis April 16 to April 23
Price has been gravitating towards the volume imbalance on the weekly (Highlighted by the pink box)
Upper Threshold: 4304.75
Lower Threshold: 4214.75
I will be using the lower threshold 4214.75 as my target for the buyside this week, if the price doesn't altogether crumble to the downside here.
A NWOG has appeared (thick black lines)
Upper Threshold: 4174.25
Lower Threshold: 4171.75
As of now I will looking for buys on the BISI on the 4hr
Upper Threshold: 4164.00
Lower Threshold: 4137.75
If the price does break down the 4 hr BISI I will be looking for buys on the Daily BISI.
Upper Threshold: 4304.75
Lower Threshold: 4214.75
I will be using the lower threshold 4214.75 as my target for the buyside this week, if the price doesn't altogether crumble to the downside here.
A NWOG has appeared (thick black lines)
Upper Threshold: 4174.25
Lower Threshold: 4171.75
As of now I will looking for buys on the BISI on the 4hr
Upper Threshold: 4164.00
Lower Threshold: 4137.75
If the price does break down the 4 hr BISI I will be looking for buys on the Daily BISI.
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