We are in a shorting zone here, as prior support-turned-resistance. I currently have no position, but I will be ready to initiate shorts if I see weakness intraday.
A new major low has not been ruled out, though I believe the bulk of the down move has already occured.
A new major low has not been ruled out, though I believe the bulk of the down move has already occured.
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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.