Sive Morten
Special Consultant to the FPA
- Messages
- 18,669
Good morning,
As major weekly resistance of 13500$ has been hit, market stands in retracement at least till 8.5-9.0K area.
Also we need to keep an eye, whether this tactical retracement turns to our strategical one that we're watching for:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
As major weekly resistance of 13500$ has been hit, market stands in retracement at least till 8.5-9.0K area.
Also we need to keep an eye, whether this tactical retracement turns to our strategical one that we're watching for:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
