As we can see on the chart, there’s a clear pattern emerging. The current movement of the index closely resembles the price action we saw between April 2015 and August 2018.
Assuming this fractal continues to play out, we could see more sideways movement until the end of the year — before a potential trend reversal kicks in.
Assuming this fractal continues to play out, we could see more sideways movement until the end of the year — before a potential trend reversal kicks in.
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.
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.