After the failed up move today, it may be the next leg of the downward movement, based off of the pattern in the RSI. Should be interesting to see what the Asian and European Markets do, expecting short term buying overnight, with selling by the American Markets tomorrow with a lower open relative to the close.
Note
1128 has been supported twice now by the American Markets, should be interesting to see what they do in these last ten minutes of trading.
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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.