Title says it all really.
Quite a few rejections and a fakeout so far along this trendline.
If it breaks out then could be quite impulsive, however distance required to nullify the fakeout.
Not advice.
Quite a few rejections and a fakeout so far along this trendline.
If it breaks out then could be quite impulsive, however distance required to nullify the fakeout.
Not advice.
Note
And the answer is - rejection.Could be another leg down and it could be crash time. We'll see.
Note
Very corrective looking start to the week.Note
If SPX challenges the previous low then get ready for the next leg down.
Your FA guru can't read a chart💭
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.