Looking to the past we have repeatet stronger downtrends for 2 to 3 weeks (red lines). The special situation in March 2020 was causing a dip twice as deep. Continuing this pattern I come to the conclusion that we are at the next itermediate bottom zone beginning June (first half of the second week if I should bet now). There is a small chance that we might go...
This is my first analysis. Please excuse me when I'm using wrong terms. I have observed the whole market quite some time and since the deep dip in March I'm investing some play money. Currently it looks like that we are testing either a bottom line which formed during the last days before we go up again (green drawing). Or if we break that its rather one level...