Latest outlook analysis. Possible paths. (two main ones in my view) See how it has exited the channel? This could be good to free itself and produce upward movement out of the W pattern. Or of course it could paint a larger W even with a big exhaustion push down stopping out all the bottom pickers and scooping up all their shares before ripping higher. Of course there are those that speculate we are now transitioning into a bear market. Could they be right? Sure. could they be wrong? Yes. Could we be suck here for a while? Sure. I hope not!
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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.