Tonight's predictions ๐ค๐ง
There is no problem with CPI, but there were two things I was concerned about, so I wrote them below.
There are other things I'm worried about, so I might post again later
Even if it were to rise, I feel like it would fall if I let my guard downMaybe not tonight
There are two things I'm worried about at the moment
First, there is a bearish divergence hidden in N
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This happens when the price is recording a downward high (LH) but the oscillator is recording an upward high (HH). You can probably guess that this will happen in a downtrend. If hidden bearish divergence is seen, bears will continue to fall and the downtrend is likely to continue.
This happens when the price is recording a downward high (LH) but the oscillator is recording an upward high (HH). You can probably guess that this will happen in a downtrend. If hidden bearish divergence is seen, bears will continue to fall and the downtrend is likely to continue.
Second, there's a pretty decent gap between 121-126. Will we get it today or go back to 109 to fill that gap first
As for tonight's N forecast, the B-wave 115 micro resistance
Since it broke through, it became a swing high at 121, and the next micro level
The upward target is between 122 and 127
Micro support is 112, 109, and 106, and if it falls below 104,
We need to stay above 101 for continued upward potential
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