As seen from daily chart, bears has reject the bulls attempt to cross the POC and resistance line with high selling pressure.
Now bulls in critical point and very important support line at 270 (red dash line), that if will not hold - will turn to mega resistance and the way down is going very painful to the next yearly volume area at 170.
Now bulls in critical point and very important support line at 270 (red dash line), that if will not hold - will turn to mega resistance and the way down is going very painful to the next yearly volume area at 170.
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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.