– Boeing reversed from powerful resistance level 220.00
– Likely to fall to support level 200.40
Boeing recently reversed down from the powerful resistance level 220.00, which is the upper border of the sideways price range inside which the price has been trading from February.
The downward reversal from the resistance level 220.00 started the active short-term correction (iv).
Given the strength of the resistance level 220.00 , Boeing can be expected to fall further to the next support level 200.40 (low of the daily Hammer from the start of this month).
- WTI broke daily Triangle - Likely to rise to resistance level 70.90 WTI crude…
- AUDUSD reversed from resistance level 0.6270 - Likely to fall to support level 0.6200…
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
This website uses cookies