Assuming the current downtrend was to continue, my analysis leads me to believe the market is preparing for another push downwards.
However, if price pushes up and closes above 163.533, you may want to look into closing short positions or looking into buying positions in the near future.
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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.