Note
with the latest bounce from support (wave B)It is the perfect time for another wave of bearish pressure to ensue from here
The chart will lead the news, down movement starting before the news hits
Note
Breakdown occurred, could see some support on the weekly for now with a 'retest' of the previous lower support line from the triangle before breakdown continuationNote
slow and steady decline for nowNote
This is the area we can expect to hold as support, could be some extended green activity amongst the stock market in the coming weeksNote
Related charts are scattered throughout this idea:
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Related publications
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.