A bearish trend is supported by a price action below 55300. Downside price momentum supports the bearish trend. Remains below its 200-day simple moving average. MACD crossover supports a change in trend direction to bearish. RSI leaves enough room for further downside price potential.
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.