Bulls Maintain Control Near Recent HighsPrice remains above the 23.6% retracement and aligned with the upper momentum zone, keeping the market firmly in bullish territory rather than corrective range.Follow a Proven Stock Trading Plan Market Overview: Bullish/Bearish Trend Analysis Trend Condition: Bullish Trends: 14 Bearish Trends: 0 Trend Condition: Strong Uptrend Trend Structure: wide and still expanding Probability Outlook: Price Action and Momentum Zones Market Behavior: Today’s candle is modestly green, showing continued acceptance at higher levels with no sharp rejection, suggesting controlled buying rather than panic extension. Momentum Zones: Price remains above the 23.6% retracement and aligned with the upper momentum zone, keeping the market firmly in bullish territory rather than corrective range. Fib Retracement Levels Current Position Relative to Levels: The market is currently above the 23.6% Fib retracement on this chart. Analysis: Holding above the shallowest retracement reinforces trend control, with deeper Fib levels well below current price and acting as distant downside reference points. Overall Market Interpretation: Follow a Proven Stock Trading Plan TrendCycle Daily |
Kamis, 29 Januari 2026
Bulls Maintain Control Near Recent Highs
Langganan:
Posting Komentar (Atom)

Tidak ada komentar:
Posting Komentar