Rebound in sight? Don’t be so eager. Market is bearish still
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The Dow still have room for a grand slam after it complete a regular flat on the hourly time frame. Short again yo
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On a side note, the market is supporting at 20800 level for a period of time. Guess it might have a strong false upside.
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20337 remains a crucial support, breaks it, we will see prices resume sell off below 20,000. Rebound will see price returns to 23,000 and beyond but not more than 24,000
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Shifting positive SL to 23,200. If this level breaks strongly, then there’s a chance it might continue more upside to 24,000 minimum
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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.