Bullish divergence on the oscillators, creeping up the descending channel, and finding support on the 23.6% retrace from the "COVID Crash" low.
This is the last bit of hope before we descend into true bear market territory.
This is the last bit of hope before we descend into true bear market territory.
Note
Divergence still valid going into the weekend after a red Friday. Closed the day almost directly on the 0.236Note
tomorrow will be the day of reckoning for this idea. the case is still strongTrade closed manually
closed out almost all of my calls ahead of the J Pow speaking today. letting some ride for free in case of a strong upside reaction to J Pow
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Disclaimer
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.