We are entering the price zone and the timezone, although some more extension could happen and be reasonable
Note
Next week could be critical as the clock for the turn down is starting. Lets seeNote
We are very close to min initial top if not the start of multimonth declineNote
Getting towards these levels into 4200sNote
Reversal intact. Likely target 3500 into late Sep/early OctNote
Very good reversal and follow through to the downside this month. Sep to remember?Note
Next important level on the downside comes at 3380/3400 in October. This is where it could become interesting as a potential base for a bounce into JanNote
Works like a charm so far
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Disclaimer
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.