Bullish case
• Recent Impulse move with EW rules still in tact
• Huge rally on Friday 3rd June, right at the 61.8%
• CoT recently favorable
Bearish case
• Still in Multi-year down trend
• Divergence w/ Failed breakout, now in favour of primary trend
• CoT currently favorable
• Recent Impulse move with EW rules still in tact
• Huge rally on Friday 3rd June, right at the 61.8%
• CoT recently favorable
Bearish case
• Still in Multi-year down trend
• Divergence w/ Failed breakout, now in favour of primary trend
• CoT currently favorable
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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.
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.