US100 - RIGHT SHOULDER IN THE MAKING?
Price action has rejected again from the weekly support that happens to coincide with 0.382 fib level. At the same time it has taken support from the weekly levels and we can expect a bounce from here back to retest the same. There seems to be inverse head & shoulder formation on the cards if the same level is tested again. Lets see...
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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.