short term bounce off 200 ma...
if this doesn't get REAL legs soon, death cross will ensue. hard to say when bc its a moving average, but 7-14 days seems likely.
play the bounce carefully.
look at the direction of the 50 ma in each of the corrections this year.
notice the difference we see now?
3000 to 1800
5000 to 3000
7800 tp 5600
if this doesn't get REAL legs soon, death cross will ensue. hard to say when bc its a moving average, but 7-14 days seems likely.
play the bounce carefully.
look at the direction of the 50 ma in each of the corrections this year.
notice the difference we see now?
3000 to 1800
5000 to 3000
7800 tp 5600
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.