There was a few failed attempts to come back into the pink trend line, but they were shrugged off pretty quickly.
Current strong support at 2730- strong break below would be extremely bearish, and then look out for next psych support at 2700, then 2650.
We will have an answer by the time one of the white lines is broken as to the rate of decline.
Any move back to be pink longer term trend lines would be extremely bullish as this point. I would stop losses on any short positions if we get anywhere near that
Current strong support at 2730- strong break below would be extremely bearish, and then look out for next psych support at 2700, then 2650.
We will have an answer by the time one of the white lines is broken as to the rate of decline.
Any move back to be pink longer term trend lines would be extremely bullish as this point. I would stop losses on any short positions if we get anywhere near that
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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.