You know, I’m a terrible TA Coach as no-one ends up following my tuition as they generally want the three year plan stuffed into three weeks!
Therefore can I just stick to what you need to look for in the short term.
When looking at the chart I posted, you can see clearly that the SP closed on a level of support (many closes at the same level). And it just so happens that it’s right on the Bollie median line! Coincidence or not???
So what you’re looking for is a positive bounce off this level and for the SP to remain above the Bollie median. Because if the opposite happens then it’s usually a bit severe and the lower bollie becomes the next target level.
Therefore the next couple of sessions could be telling.
https://www.investopedia.com/trading/support-and-resistance-basics/
Hope this made sense, if not then it’s probably why others didn’t learn anything!
Cheers.
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