The last consolidation was 6 days and we are in day 3, 3 more days down potentially in this downtrend and since the last decline was 477 to 439 (connected to the last consolidation), the drop of 38 points could really be repeated here.
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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.