We got a somewhat impulsive wave down as potential wave A/1 and stayed in this range since last Week. I think this correction is not yet over and we should see one more push higher first before considering to short this.
Resistance can be found around 1530.
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We're at the sweetspot now but let's not get ahead of ourselves here. It's best to wait for market to give us a sign of reversal https://first.https://www.tradingview.com/x/v161RxAN/
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One more small push higher before sell off ?
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We just got a perfect touch of this support zone and we're seeing a big reversal candle now
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! I Don't think it's a good idea to love bulls just yet !
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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.