(Zeta) 3M Strategic Sync (Sell)

May 29, 2024

Trend Analysis:

5/28/24

market trend high @ (+7.5%/18.26 (SBS DEV TP)) market declines from this point continues through +3.9%/$17.55 (SBS DEV 1H TP) & +1.5% / +0.9% TP's. expect
Expect declining trend to continue to fill in decline gap Next expected TP = -3.9% / $16.33

Scenario Analysis:

5/28/24

Continue decline to -0.9% / $16.84.

*(expect to widen risk management Round this area due to directional bias uncertainty... $16.84 area)
continue decline to $16.33 / -3.9% area
may see short-term (0.30% - 0.65%) retracement (inclined) @ $16.84 area before decline continuation

Objective & Targets:

5/28/24

Continue decline to -3.9% / $16.33
expect retrace close to 70% then continue decline ... @ $16.84

May 31, 2024

Note

Target hit @$16.33,

1. decline showing signs of continuation expect to drop 0.50%-0.60%
2. expect reversal of 0.6%-1.5% $16.44, $16.52, $16.69 *(these are good area to resell market once reversal is over)
3. expect decline to continue another (-1.3%) / (-1.5%) / (-2.5%) if no retracement tp = 16.25 / 16.02