The weekly reached oversold status and that is usually a very good probability of a bounce, not clear at this point if the bounce will be substantial. My guess is towards the bottom of the upsloping trendline. 2025 will most likely be see-saw action. I doubt we'll see new highs in the next month or two.
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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.