From the market failing to push higher yesterday (instead it dropped lower and made a bearish shift in market structure), we can conclude that for the remaining days of the trading week we can expect further movement lower. Reason being, price wants to take out those relative equal lows (retail traders support level) at 31683.7 before reversing and continuing to expand higher for the rest of the month.
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.