Recent heavy selling shows no sign of stopping yet. We have a range here that is probable to fill to the downside under the momentum to at least test the recent low. The market didn't spend much time down there which is what created the low, but also it's failed to go higher, so now we have to go lower. You do not wan't to be long this market.
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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.