Anyone good at catching pianos?
Are we near any support levels or are there none?
Are we near any support levels or are there none?
TBond Implosion
- Thread starter TinFoilHat
- Start date
CannonTrading_Ilan
Sponsor
Hope the following helps...some possible extensions/ support levels on the daily chart, followed by more based on the weekly.
Weekly Support levels:
Weekly Support levels:
I think the downtrend that started on 8/2/22 is showing signs of exhaustion and expect it to retrace about half of the move from the 8/2 peak to the current trough. I wouldn't use that information to enter a long position, though, as I don't like trading against the trend. More for knowing when to exit a short position.