Two routes:
1) Price above 3483 and we’ll average up to give recent highs a kiss. Let’s see if we overtake that resistance. Trump may run it into the election for the boost, or the market may chop around this level given the uncertainty around the election. Either way, above this price and market outlook is good.
2) Below the red trend line and three downwards targets - 342, 338, then 332. Be sure to hedge!!
1) Price above 3483 and we’ll average up to give recent highs a kiss. Let’s see if we overtake that resistance. Trump may run it into the election for the boost, or the market may chop around this level given the uncertainty around the election. Either way, above this price and market outlook is good.
2) Below the red trend line and three downwards targets - 342, 338, then 332. Be sure to hedge!!