too early but...daily close below 1790 is a sale.....lets dive towards 1690
Scenario 1: channel broken and if remained below after successful retest than virus fear sale-off continues. Scenario-2: its just a abc correction after completion of wave patterns and we are heading towards 2600 as c. Scenario 3: if we considered it as a huge wave 1 than the current sale-off is just the part of wave 2, than expect for more than 50%...
very critical level...Huge weekly triangle formation...2 alternatives here either immediate breakout or one more retest of triangle bottom. Long on breakout will go towards 20K.
possible retest of 1700 and bullish continuation towards 1771. Trade on channel breakout and retest.
we might have broken the major trend...sale on confirmation...huge volume building...we are going deep this time. if we manage to get past 1660 than that will be trend change scenario for me. that divergence though is lovely add ons.
break out of daily triangle...retest on breakout would confirm the short oppurtunity
IHS formation with a clear breakout. Possible retest and rejection at the neckline would confirm.