The index could be ready for a retracement
1 - This is an effort to rise, but next candle is down. Not much result from the effort
2 - Narrow bar on new high and increasing volume: buyers are finding sellers up here
3 - Here we find support since the bar is narrow, volume increases and next candle is up
4 - Again, the effort doesn't produce a result and price falls, but the candle closes off the lows. This bar could contain buyers
5 - This is an up bar on very low volume (the lowest since January): if confirmed, this means that there aren't many buyers left and background is weak
This isn't enough to start a bearish market, but there is the possibility of a retracement
2 - Narrow bar on new high and increasing volume: buyers are finding sellers up here
3 - Here we find support since the bar is narrow, volume increases and next candle is up
4 - Again, the effort doesn't produce a result and price falls, but the candle closes off the lows. This bar could contain buyers
5 - This is an up bar on very low volume (the lowest since January): if confirmed, this means that there aren't many buyers left and background is weak
This isn't enough to start a bearish market, but there is the possibility of a retracement
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.