Weekly closing below red trend line, will indicate strong weakness.
This line also coincides with Gann 2/1 line.
If price closes above ~864, then after retesting it might march towards 1033.
RSI is also moving in channel and currently at PEAK.
This line also coincides with Gann 2/1 line.
If price closes above ~864, then after retesting it might march towards 1033.
RSI is also moving in channel and currently at PEAK.
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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.