Still flirting with bear market territory
We still have time until FED pivots, atleast we aim for average recession correction. But markets don't go in straigh lines, so follow the trend until the end. The end is Powell Pivot 2.0
Note
I would say this failed. The channel was drawn wrong for weekly chart. But if you had long case then nice breakout. Guess bad news is bullish again.
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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.