Now the pullback has begun as we are starting to accept some prices lower and the buyers were flushed out from the latest balance area.
I'm looking for a retest of 78 above, and below 62-60 area becomes the line in the sand for buyers.
If we fall though, I would expect us to drop pretty quickly towards the 40's.
Of course, this is barring any trade report news coming from Trump :)
I'm looking for a retest of 78 above, and below 62-60 area becomes the line in the sand for buyers.
If we fall though, I would expect us to drop pretty quickly towards the 40's.
Of course, this is barring any trade report news coming from Trump :)
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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.