Reversing now will most likely place us on a triangle with little verticle movement. We have good support at the 10k line. I think this is the most likely situation.
The past candles have all closed red, but show scattered support. This downtrend entrance could bring us down to the 8k - 9k area where we'd most likely bounce back slightly, possible breaking the regression.
The past candles have all closed red, but show scattered support. This downtrend entrance could bring us down to the 8k - 9k area where we'd most likely bounce back slightly, possible breaking the regression.
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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.