The market has broken below a strong trendline also currently at 50 EMA. I would be looking for price to break below and retest the trendline support which now becomes resistance to short the market.
Let me know your thoughts in the comments below.
Let me know your thoughts in the comments below.
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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.