If you look at the 200 and 50 MA we can see they will be converging in late April. If there is a relief rally, it will most likely top out around the 100 MA level. Either way it is not looking good right now.
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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.