On Friday morning it looked like the markets were taking the downswing I predicted in my "Cry Wolf" post on Thursday, as indicated by trend-line E. However, a strong bounce-back then occurred. Move trend line E a bit eastward, however, and you probably get the position of the real downswing!
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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.