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(DXY chart) The key is whether it can meet resistance around 105.664-106.416 and fall.
If not, the investment market is likely to enter a recession.
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(SPX500USD chart) On each chart, the HA-High indicator was touched and fell.
Accordingly, the likelihood of touching the HA-Low indicator on each chart is increasing.
(1D chart) Currently, only the 1D chart is touching the HA-Low indicator and is falling.
If you touch the HA-High indicator and then move down to touch the HA-Low indicator, you can say that you are in a trend reversal zone.
Therefore, at this time, there is a high possibility that the trend will be determined depending on whether it is supported or resisted by the HA-Low indicator.
You can see that the trend has turned to the downside as it currently falls below the HA-Low indicator.
This is likely to lead to a cascading decline.
In order to stop the cascading decline, the price must rise above the HA-Low indicator to show support.
If the decline continues around 4247.8, the HA-Low indicator is expected to decline and be created.
At this time, it is important to receive support from the HA-Low indicator.
(NAS100USD chart) The difference between the NAS100 chart and the SPX500 chart is that it has not yet touched the HA-Low indicator on the 1D chart.
(1D chart) However, if it falls further, a new HA-Low indicator is expected to be created, so the key is whether or not there is support near the HA-Low indicator.
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
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