Update 3/4/24
market on bearish decline expected to continue decline to
(ET) - expected target) @ 105.3999 = 0.9% decline left.
5M TA/TC, market @ major resistance area @106.4767 *(Declined Gap filled), currently taking buys because market @-2.41% which signals a low area buy for the 5M TC (time chart)
Previous High = 108.5791, 108.8543
Previous Low = 104.0982
Scenario Analysis:
- market drops to (ET) area @ 105.3999, retraces 0.7% to 106.0954 zone
- market drops to (ET) area continues to 5 Min Low @ 104.0982 retraces 0.7% @ 104.8463 zone
Objective & Targets:
Updated 3/4/24
continue sell & Drop market by 0.9% to (ET) target.