Pivot PointsJan 03, 2018 05:17PM GMT
Name S3 S2 S1 Pivot R1 R2 R3
Classic 43.078 45.889 49.823 52.634 56.568 59.379 63.313
Fibonacci 45.889 48.466 50.057 52.634 55.211 56.802 59.379
Camarilla 51.901 52.519 53.138 52.634 54.374 54.993 55.611
Woodie's 43.638 46.169 50.383 52.914 57.128 59.659 63.873
DeMark's - - 51.228 53.337 57.973 -
Market opened at 58.77 and went as high as 62 before reversing all its gains and went as low as 50 almost at our S1, really risky to go long now as the market price is really close to our SMA 100 suggesting their might be technical correction downward before the upward trend resumes again.
Dip buy can be position around the second support at $45 and take profit at $63 with a stop loss at $40.
Name S3 S2 S1 Pivot R1 R2 R3
Classic 43.078 45.889 49.823 52.634 56.568 59.379 63.313
Fibonacci 45.889 48.466 50.057 52.634 55.211 56.802 59.379
Camarilla 51.901 52.519 53.138 52.634 54.374 54.993 55.611
Woodie's 43.638 46.169 50.383 52.914 57.128 59.659 63.873
DeMark's - - 51.228 53.337 57.973 -
Market opened at 58.77 and went as high as 62 before reversing all its gains and went as low as 50 almost at our S1, really risky to go long now as the market price is really close to our SMA 100 suggesting their might be technical correction downward before the upward trend resumes again.
Dip buy can be position around the second support at $45 and take profit at $63 with a stop loss at $40.