EOY is finally here and we're definitely a bit lower than expected due to the recent breakout; tbh I'm not quite comfortable with the direction this could go.
I'll post long-term thoughts on the daily tomorrow but the gist is a potential correction to 3300 over the next several weeks.
The only bullish scenario imo is a double-bottom off 3600 to breakout 3800 neckline. My sell trigger remains at 3600 (dip and close).
I'll post long-term thoughts on the daily tomorrow but the gist is a potential correction to 3300 over the next several weeks.
The only bullish scenario imo is a double-bottom off 3600 to breakout 3800 neckline. My sell trigger remains at 3600 (dip and close).
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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.