Yes, it's gone above 28,000. As much as 4,000 to 4,500 higher maybe.
And top probadly ~$32500.
But the rally is explained perfectly if it turns out to be a bearish megaphone.
And then another last leg down to its lower boundary is warranted.
After which I will no longer be bearish.
As usual, if you don't have to, you can look at other charts.
And top probadly ~$32500.
But the rally is explained perfectly if it turns out to be a bearish megaphone.
And then another last leg down to its lower boundary is warranted.
After which I will no longer be bearish.
As usual, if you don't have to, you can look at other charts.
Note
I hope it helps to close the week no higher than it was.
It will probably not be possible to replay and push up this weekend.
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It will fall even lower.
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Boring.
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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.