- January 8, 2021
- Posted by: virtualxstore
- Category: trading
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Climb above 3176. 40 and see if you can get support.
If you fall from the 3008.91 point, you can touch the 2734. 40 point, so you need to trade carefully.
If it breaks above the downtrend line (2)-(3) and gains support at 3294.62, it is expected to update the New High.
(DJI 1D chart)
It started with the gap (30829.4-30901.2) rising and closed at 0.69%.
(IXIC 1D chart)
It started with the gap (12740.8-12867.3) rising and closed at 2.56%.
( SPX 1D chart)
It started with the gap (3748.1-3764.7) rising and closed at 1.48%.
( XAUUSD 1D chart)
You should watch for any movement that deviates from the 1899.330-1944.714 section.
( USOIL 1D chart)
We need to see if it can rise along the uptrend line (3).
You should watch for any movement that deviates from 49.17-52.59.
** All indicators are lagging indicators.
So, it’s important to be aware that the indicator moves accordingly with the movement of price and .
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing indicator.
Hence, the interpretation is the same as the conventional indicator. (K, D line -> R, S line)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, , and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)