Sep. 9 at 7:22 PM
$CF — Short Term Strategic Snapshot Analysis —
Price:
$137.29
Technical Bias: Bearish 🐻
Resistance:
$141.26
Support:
$132.8
A strong downtrend keeps pulling this one lower, with price at
$137.29 drifting well beneath
$141.26 resistance while
$132.80 support waits below.
Momentum: A sustained move below
$132.8 would strengthen the bearish structure. A move above
$141.26 would weaken the near-term setup. The bearish lean reads as quiet and persistent rather than dramatic — the tape keeps sliding without finding any real bid to lean on.
Setup: Resistance at
$141.26 hasn't been threatened in any meaningful way, and the price action keeps reinforcing the same downward posture it has held.
Risk Profile: That gap from
$137.29 down to
$132.80 isn't vast, but the downtrend hasn't given much reason to think that floor holds cleanly.
Anyone have any thoughts on CF at this point?
Just a quick note to do your DD and that this is not investment advice.
