As you can see from the chart, we have come very close to the main downtrend that started at the beginning of 2022. We slightly went beyond it, but didn’t hold it. It was also confirmed by the fact that after the inflation report, all growth disappeared literally in 1 day. I expect the fall to continue over the next 3-4 months, until the next bounce. At the moment, it seems that all the positive has been exhausted...
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.