We've been overextended for some time now, so its time to sit back and let the market do its thing. I mapped out some support levels that we can look for a possible bounce/reversal at, but until we see clear signs that the bulls are back in control I'm gonna be patient and wait. If we break 7262 then I can see us dropping pretty fast to the .5 fib
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.
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.