Continues bearish divergence
Multiple rejections from resistance area
Dead cat bounce appeared
failure to break resistance can lead towards 18500 area
Gap needs to be filled in that area
Negative GDP data will be the actalyst in bearish move
job market data is also negative
slowdown of economic growth
Multiple rejections from resistance area
Dead cat bounce appeared
failure to break resistance can lead towards 18500 area
Gap needs to be filled in that area
Negative GDP data will be the actalyst in bearish move
job market data is also negative
slowdown of economic growth
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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.