Slowly cost averaging back in (50%) with stoploss set at 115 USD, and continually observing the 3hrly chart as well. Will enter with the rest once there are further confirmation from Cyber Ensemble + PRISM Oscillators.
Previous analysis.
Comment
w-pattern, bullish accumulation..
Comment
Market structure destroyed by massive (black swan) fundamental move. TA will not work anymore, for now, until the structure resets -- i.e. need to wait for the market to settle down and stabilize at the new level (whichever it may be), then a new market structure can emerge for TA.
Might fall even deeper into a full blown depression, some analysts were saying.
"Blood on the streets.."
Trade closed: stop reached
Stopped out.
Comment
More relevant to look at the S&P 500 chart for now:
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.