With trend starting weekend of 2/21 triggering a bearish pattern, 2/28 momentum sill continues to be bearish with several head and shoulders patterns attempting to break resistance and support levels. Assuming another short-term cycle happens and is an attempt to recover, resistance will be at 2 levels of 1416 and 1523.
*** This analysis is not a financial advise. This is an attempt to find factors/areas that would help the author make trading decisions. ***
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