MLM Failed Breakdown Attempt
Wouldnt say it has completely failed yet, but it has come back to retest before possibly making a move lower. It did not breakdown or retest with any significant volume. Market of course heloing bring it back up, but until we see some volume coming into it, i think we wont see a major move anytime soon.
Note
Broker under 200 today and if it can close below it, looks like a great short for more movement down.
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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.