We are long with #SP500 | 19 Agustus 2022

 #SP500weekly

We are long with #SP500

 Technical observation

Last week #SP500 rose with a big green candle and as long as it is sustained above the zone 3633.8-3682.8 I expect a continuation of this upwards movement towards the resistance level 4785.0. In case you are currently holding bullish positions with the commodity above i would recommend that you remain bullish with your take profit at 4785.0 and stop-loss at 3262.6; you can continue long if there is a clear penetration above the level 4785.0, however, should there be a clear break below the zone 3633.8-3682.8 with a big red candle, I expect a possible momentum towards the supportive level 2409.2 or even lower to the level 1530.1.

Trade recommendation

 Remain long with your take profit at 4785.0.

#HSI weekly

We are long with #SP500

Technical observation

#HSI retraced to the resistance zone 22455-22169 but could not break above it, instead it bounced within the zone and since then it has been trading with an increasing bearish and this week I expect a further surge to the lower side. If you sold #HSI within the zone indicated above after a bounce, remain in the trade with your take profit at 17385 and stop-loss at 24060 and should there be a clear penetration below the level 17385 with a big red candle, continue short towards the supportive level 11921. As it is on the weekly chart above, I can only recommend bullish positions in case of a break above the zone 22455-22169.

Trade recommendation

Remain short with your take profit at 17385.

#NIKKEI weekly

We are long with #SP500

Technical observation

The value of the commodity on the weekly chart above has been rising steadily for several weeks now and this week I expect a continuation of this upwards movement towards the resistance level 30293 followed by either a clear break above it or a bounce at it. As it is on the chart above, I would recommend that you remain long with your take profit at 30293 and stop-loss at 23114. If there is a clear rise above the level 30293 you can expect a further momentum to the upper after a correction to the broken line, I can only recommend short positions in case of a clear breakout below the supportive zone 25458-25126.

Trade recommendation

Remain long with your with take profit at  30293.

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:


Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus