I think everyone's paying WAY too much attention to the blue diagonal line INSTEAD of the RED lines that will not just GO AWAY after the breakout and even a re-test. Unless we get an actual change of narrative in a real place like inflation, war, oil, etc. I see NO reason why this will be anything other than a relief rally and will most likely LINE up with the same in the stock market which needs to bounce back to the 3750-3950 ranges before completing its downward trend to most likely sub-3475
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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.