The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Violet lines- Fibonacci retracement levels
yellow rectangle- support
SPX remains in a short-term up trend making higher highs and higher lows. Price has now retraced 61.8% of the decline from 4,136 top at December 13th. The 61.8% Fibonacci retracement is key short-term resistance level. Price recently made two pull backs towards 3,940 and both times price was respected and trend supported. This is now key short-term support. Bulls do not want to see price break below this level. On the other hand, short-term upside target is the next Fibonacci retracement level at 4,050-60. At the 61.8% retracement level we usually see trend reversals. In this case if we see a rejection and a break below 3,940 we will see that trend has reversed to bearish. Until then bulls remain in control.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
