Not sure where it's gonna go.
Difficult to predict. Although macro factors are all signalling a breakdown.
If DIIs keep pumping in that dough it might as well get to new ATH which would be preposterous.
Which is why I am betting on the down side.
It may breakout on either of the sides and trap bulls/bears and switch directions thereon as well.
Difficult to predict. Although macro factors are all signalling a breakdown.
If DIIs keep pumping in that dough it might as well get to new ATH which would be preposterous.
Which is why I am betting on the down side.
It may breakout on either of the sides and trap bulls/bears and switch directions thereon as well.
Comment:
Taking support on the green trendline
Trade active:
Direction has been given by the market. Let's see if it sustains. May even reverse like stated above.