On the minor time frame, wave (C) corrective is still in progress with the resistance level at about 1540 targeting the 1300 downside target. We have seen quite a sharp decline in higher degree into wave i. 1542 resistance must hold to keep this corrective pattern alive.
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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.