The document discusses the intraday trading of an index, noting that it opened slowly and was near the 2178 resistance area. It would need to break above 2190 to accelerate higher otherwise it may fall. Big resistance was seen at 2200, and a break above there with positive US news could target 2340, but selling pressure from the US may be imported in the next minutes.
The document discusses the intraday trading of an index, noting that it opened slowly and was near the 2178 resistance area. It would need to break above 2190 to accelerate higher otherwise it may fall. Big resistance was seen at 2200, and a break above there with positive US news could target 2340, but selling pressure from the US may be imported in the next minutes.
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The document discusses the intraday trading of an index, noting that it opened slowly and was near the 2178 resistance area. It would need to break above 2190 to accelerate higher otherwise it may fall. Big resistance was seen at 2200, and a break above there with positive US news could target 2340, but selling pressure from the US may be imported in the next minutes.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
10:45:00 Slow open maybe it is one way today (macd)
11:05:00 Now we are near the area 2178++ break it we go faster or else .. 11:15:00 2190 1st res for intra day 11:33:00 The bad intra day scenario : if the second try to break the 2190 is not + then 2155 -2120 13:00:00 2200+15 big res break with a + open USA and volume here (Greece) we can target 2340 13:20:00 Selling pressure at USA we will import some here the next minutes
*penetrate(BREAK) support or resistance area we have only:when the closing price of the bar is above-below the value of these areas