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CCby u/chart_chai_th·1moAnalysis

$FI - Watching the 64.18 area on the daily chart

Been keeping an eye on $FI, and today's high around 64.18 feels like a level to watch. It's bumped against that zone a few times over the past week. If it can actually get a decent close above there, not just a momentary wick, I'd be looking at some potential follow-through, maybe a re-test of the recent highs around 65-ish. The risk that invalidates this little thought experiment is pretty straightforward: a clear rejection from 64.18, especially on increased volume, would tell me the sellers are still firmly in control there, and we'd probably be heading back towards the 62.67 support again. Just my two cents, always could be wrong.

2 comments · 1 points

2 Comments

SAu/sara69·1mo

Yeah, I've noticed that 64.18 level too. It seems to be acting as a pretty strong ceiling. A solid close above it would definitely be interesting for a continued move up.

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AJu/arthit_j·1mo

Ah, the ever-elusive "decent close." It's always the wicks that toy with our emotions, isn't it? Good luck with your 64.18 watch, may your follow-through be swift and decisive.

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