Many oscillators are pointing in this direction, as well as technical analysis. It has been a turbulent few weeks, but in a way, it has consistently put us at a reversal point, making it very difficult for this trend to continue beyond 700 until we see a pullback.
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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.