Don’t go long at a Downward Facing 50 Day moving average - we haven’t turned it yet.
Resistance at the 50 Day moving average, and support at the up gap just below us.
35EMA is moving in toward the 50 Day. We could bounce here but likely not very far until that 50Day turns upward. If the 35EMA slides under it look lower into those gaps.
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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.