For those that have eyes to see (you don't even need ears to hear) a look at the charts can show us trends of new and old. These trends encapsulate psychology. Here's what I see.
Take a look at the chart, and ask me what all this means. OR, if you don't agree with the annotations, give me your take.
Take a look at the chart, and ask me what all this means. OR, if you don't agree with the annotations, give me your take.
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It's starting to tickle the 200 day MA. I'm not seeing a lot of positivity in the market news to send this thing rallying back up. We'll see if the 200 day MA can hold. If not, we'll see if this thing tries to return to test the old trend. Good luck out there, fellow marketeers!Note
Ok, I'd say we've solidly established ourselves below that 200 day moving average. Not seeing good news in the socio-political-economical horizon. How low can ya go!??!?!
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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.