Analysis per request: Greater likelihood to further correct towards 150 (and lower) in the months ahead. No clear upward signal at the moment other than a possible retest around 170.
(chart self-explanatory, lines and connections have been averaged on step-line over linear)
(chart self-explanatory, lines and connections have been averaged on step-line over linear)
Note
Upward retest corrected towards 176'ish (and reversal), bearish sentiment still valid.Note
Upward retest to continue towards 180'ish, still bearish (until clear bull-signal)
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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.