Short term support and resistance target areas listed on chart. Liking then adx pullback on the directional indicator. You want that below both dmi lines before you can identify a possible new run in either direction. I use the Aroon to gauge sentiment....green on top is bullish, red on top is bearish. VFI as well for sentiment....above the zero line is bullish. VFI can be used to spot divergences as well.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.