Here is a different perspective (Daily Chart for u)
5 SMA has crossed Gann hi/lo and 55 EMA Close. . .
ZL Stoch has crossed and is heading down (this will play out)
ZL MACD indicates lots of room to move down
Multi-Mom below Zero line with lots of room to move down...
If there is a retrace (big if) here is what I see. . .
Resistance ar'd 203.50 (failed there earlier in NY session)
If it manages to close above there next resistance ar'd 204.10/15 area
Above there is massive resistance (55 EMA/5 SMA) @ 204.75/80 area. . .
There maybe a slight pull back but if there is it will be limited at best and a good place to enter short. . .
Good night all talk with u next week =
5 SMA has crossed Gann hi/lo and 55 EMA Close. . .
ZL Stoch has crossed and is heading down (this will play out)
ZL MACD indicates lots of room to move down
Multi-Mom below Zero line with lots of room to move down...
If there is a retrace (big if) here is what I see. . .
Resistance ar'd 203.50 (failed there earlier in NY session)
If it manages to close above there next resistance ar'd 204.10/15 area
Above there is massive resistance (55 EMA/5 SMA) @ 204.75/80 area. . .
There maybe a slight pull back but if there is it will be limited at best and a good place to enter short. . .
Good night all talk with u next week =