- Still bullish on the weekly as we are above the MA. MACD & RSI are showing oversold levels indicating a reversal. We could retrace to $6,300 in an extreme case. - Expect big market shift in Sept. regardless of ETFs. - As of now $7,500 is our new support.
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.