- Decreasing Volume
- Slowing Momentum
- Couldn't break .5 Fib level
I see a downtrend after a bounce off the descending triangle resistance down to the .382 Fib lvl 0.15% which will also be the 100 MA on the 4-Day chart and bottom of the rising support. 7,600 going into June is my opinion.
- Slowing Momentum
- Couldn't break .5 Fib level
I see a downtrend after a bounce off the descending triangle resistance down to the .382 Fib lvl 0.15% which will also be the 100 MA on the 4-Day chart and bottom of the rising support. 7,600 going into June is my opinion.
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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.