This candle forming today usually signifies a continuation, and sometimes acceleration, of the downward trend prevailing. It is also indicating a close below the lowest close in the last few days. Combine that with the negative macro news and the picture is not pretty. Be careful as to your portfolio allocations.
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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.