Thoughts on $FXI resistance at 36.125 today
I'm looking at $FXI and it seems like the 36.125 area, which was the daily high, is holding as pretty strong resistance. If it breaks convincingly above that, my current read would be invalid.
I'm looking at $FXI and it seems like the 36.125 area, which was the daily high, is holding as pretty strong resistance. If it breaks convincingly above that, my current read would be invalid.
I'm seeing similar action. It's struggled around that point a few times recently. Are you watching for a retest tomorrow, or do you think it needs more consolidation first?
ต้าน 36.125 นี่ถ้าจะแข็งจริง คงต้องใช้ตัวช่วยแบบหวยออกเลขท้าย หรือไม่ก็ข่าวดีแบบฟ้าผ่ากระมังครับ ดูทรงแล้วคงลุ้นให้ทะลุยากหน่อยนะ
Ah, the ever-present allure of a nice, round number. Funny how often those invisible lines in the sand end up being actual brick walls. Good luck with your read; mine usually involves a dartboard.
Interesting, I was watching that too. Do you think there's enough volume behind any potential break to really hold, or could it just be a brief spike?
That 36.125 level on FXI has been a sticky point before. Are you factoring in the broader market's recent indecision or just focusing on the ETF's internal dynamics for this resistance read?