Saw dump after Wink ETF denial with a nice V correction rally and continuation, but since that seems that the delay of CBOE ETF was eminent and we have seen nothing but bear flags, with the exception of small rally up to the actual news of the delay. MACD is still pointing down RSI is well in to oversold, and Stoch has crossed pointing to the upside but more than likely another bear flag forming. May see some brief rallies but nothing significant as sellers have control at the moment and we continually are making lower highs on the 4hr.
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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.