Normally this indicates a major move imminent.
As we are nearing the long term resistance trendline, expect a major move.
On a brake of the line: end of bear market
On a reject at the line: Nov 2018 revisited...
No financial advice, DYOR always !
Cross fingers and stay safe
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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.