@graddhybpc For now the key level for this market to remain bullish is holding. 72.81, if that level goes the gap and DiNapoli XOP at 60.82 become the next targets. I'm treating this as a buying area as long as 72.81 can hold.
@PeterLBrandt Yes - with this DiNapoli confluence and agreement resistance just above the break out level it could well be a bull trap, unless 101 can break...
@PeterLBrandt Yes - with this DiNapoli confluence and agreement resistance just above the break out level it could well be a bull trap, unless 101 can break...
Struggling to trade all time highs? Only DiNapoli levels accurately gives you levels to trade ahead of time. That's the reason I stuck with it for 25 years.
@RedDogT3 $SPCX Good response to the sell on the DiNapoli trend predictor. Support at 173.35 and 156.81. Looks likely to test 156.81 as long as it stays below 192.50.
@graddhybpc For now the key level for this market to remain bullish is holding. 72.81, if that level goes the gap and DiNapoli XOP at 60.82 become the next targets. I'm treating this as a buying area as long as 72.81 can hold.