Technically my robot would expect a significant take profit event on US500 from the Thursday high. How far? Pick a figure. 4182 is showing as daily support atm, TP2 just below 4000. I note that there is only the one down chart - the daily, (this lack of down charts is sometimes a sign of a drop) it does seem to be time for a drop on the US500 to create more charts. The weekly chart wont begin to appear for 2 weeks.
Bear in mind I am not a financial advisor, just a coder (I had to google how to spell financial lol), so take what I say with a grain of salt. I post this to contribute to the knowledge base of technical traders
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Price($) | Vol. | No. |
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