Huge bearish divergence showing on the weekly chart. The technicals support a further capitulation on shorter time frames as key trend line got breached on the 4h. Unless Jerome Powell jumps in again soon, what to come is to be expected.
Note
edit: never short the stonks
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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.