The Daily chart is Bearish! The northern corrective wave 4 could be over and ready for a wave 5 drop! The fall has some volume & momentum...
Note
105 was likely the bottom...⬆Trade active
Likely wave 5 has played out to the downside on Tariff concern! However, with recent Fundamental data & News, Powell is likely to consider a rate cut, which is great for Risk Assets! :-) ⬆
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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.