I am expecting more down side short-term to take out the liquidity pool noted on the chart and that should fuel a new rally to the upside. The market usually peaks in July and rallies mid-to-late October so seasonality and price action should both be in consideration for the timing of the new rally.
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.