Weekly Linear Chart for reference
This is a natural point in the market to consolidate and traverse to the upside....... or fail and resume it's slide down.
I would expect some price oscillation around this area before direction becomes clear. Could be shakeouts on both sides...
This is a natural point in the market to consolidate and traverse to the upside....... or fail and resume it's slide down.
I would expect some price oscillation around this area before direction becomes clear. Could be shakeouts on both sides...
Note
My Shorter Term Outlook:Note
My (Very Long) Term Thoughts..Note
We've arrived at the back test point on the 1/4 line. Numerous converging resistance factors here. 
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Related publications
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.