I believe CA40 will keep going lower again. On a 60 min chart the index found a resistance and it might complete the ABCD pattern as shown on the chart. By using fibo extensions I've found a support zone which could be a target for shorts.
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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.