FALLS ON support and Resistance and in the channel
Indicators oversold looking to move, but other key areas are still bearish, especially after this slumped to 400 before picking itself back up to 440; that wick may still be filled, meaning it could still break support.
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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.