As Per Weekly Report:- higher Weekly open and expectation US markets will reversed down towards the June 50% level from the Weekly 50% level, and then verified with a break of support on Monday...
For Tuesday:- use support levels
Normally a break of support in the one day will move down into support the next day and then move higher, but not expecting Tuesday to rise higher than the blue lines.
don't trade longs below support on Tuesday :- bearish pattern break on Tuesday of the red channel lows in both markets.
S&P Daily and 5-day pattern
As Per Daily Premium report:- early support on Tuesday moving up into Resistance (blue channel) and then selling down breaking support.....
- Daily Trading Set-ups & Analysis
Posts
