We see near term corrective waves with a break and weekly close below 12805. This opens a move down to test the post April '20 rally into the may excess between 12100-11508.
A break and close back through the upward multi year AUG '19 sloping trend exposes a test of ATH’s with a marginal higher move for bullish establishment.
A break and close back through the upward multi year AUG '19 sloping trend exposes a test of ATH’s with a marginal higher move for bullish establishment.
Note
61.8 test
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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.