In my previous post I anticipated more selling towards 1929-1935 and 1850 targets. All of them were met. Switching to intraday charts, we're seeing a bounce, which may lead the price up to the current resistance zone @2200. Inverse Head&Shoulders pattern supports this idea. Short-term trend remains negative as long as the price stays within the pitchfork.
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.