Living in the 1 hour charts and less. Even up to 4hr charts is draining your free life time. Learn to ride the bear. It could go a bit lower than 4250 area, but believe a decent relief rally may come about at the least. Thinking the ETF may finally be a 'news' that isn't sold-on August 10th, but I place no certainty on anything and I don't short. Hodling is great, I have been hodling USD during this correction.
Note
EW count on the 4hrNote
Also, this fits remaining within the log trend as wellNote
Close up on the 4hr. Maybe I am wrong, but I see 4500 coming in the next 2 to 3 weeks. If that comes true I predict a bounce to 7200 area after with real capitulation starting after that.Trade active
Well here we go, will we break to the new low? I think so, but let's see.Note
So Far so good! 
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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.