Many factors pointing out for a great bounce here. How severe? Will see. All we can spot is a great RRR opportunity here. Don't be stressed for a days long sideways move here. Accumulation has to take place.
Daily triangle Daily RSI <30 H4 falling wedge comming to an end Each leg down is getting smaller Volume is declining Also we could've seen similiar pattern on S&P playing out recently
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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.