May 4: More downside to come towards 60
The last top failed to take over the previous top in RSI. Stochastic has already turned negative with the ongoing drop. One more leg down is needed to finish the entire correction. Downside target is the 60 area.
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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.