Overlapping waves, high volatility and traces of momentum divergence, plus fairly oversold condition of the stock market - could be a nice opportunity to ride the relief rally. I wouldn't bet on new highs though.
Note
Yesterday's low held, but so did the high.Watching the trendline closely.
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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.