In this video, I break down the technical setup pointing to a potential -30% market correction, with a key price target of $350. Using trend structure, market volatility, and key support/resistance levels, I highlight why this level could be revisited in the coming months. I also examine historical price behavior during similar setups and discuss the factors that may align with this bearish scenario. Whether you're a short-term trader or long-term investor, this is a critical level to watch.
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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.
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.