A weekend X-MAS rally is possible but look for a strong bearish pullback to quickly follow.
>200 MA look for support before NYSE close
> Rally can be as high as 16960
>4 hour chart is used for analysis 1 day chart shows a bullish signal.
This is a risky trade more than likely a bull trap, but if you have an active position take the above into consideration.
>200 MA look for support before NYSE close
> Rally can be as high as 16960
>4 hour chart is used for analysis 1 day chart shows a bullish signal.
This is a risky trade more than likely a bull trap, but if you have an active position take the above into consideration.