I count a possible double zig zag with a bearish ending diagonal C wave. Markets feel toppy, markets look toppy...If we continue to break down out of the channel, Im guessing we could see similar lows to last month (and most likely continue to fall)
For this play, a safe stop is this months top ~ 2080. Target 1820 (for now...)
For this play, a safe stop is this months top ~ 2080. Target 1820 (for now...)
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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.