These daily 'bottom' pumps are getting weaker and weaker with descending volume.
Im short term bullish, we might hit 8k but unless the volume starts to pick up we wont break it.
We still have along way to go in this bear market, there has been zero capitulation.
Im short term bullish, we might hit 8k but unless the volume starts to pick up we wont break it.
We still have along way to go in this bear market, there has been zero capitulation.
Note
Volume on the daily has increased, looks bullish, maybe 10k+ for ultimate bulltrap, still dont believe bottoms in.
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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.