Even if these exponential moving averages act as support, it could still break through hard in a couple weeks after some more consolidation. Bulls need to prove they are in control or the trend will continue to break further down.
Target 6k's if Ribbon breaks.
Target 6k's if Ribbon breaks.
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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.