We have a hammer candle near the 200 EMA and the 0.382 Fibonacci Level. The 200 EMA 213.64$ needs to be held. If we get strong bearish activity below 209$ with a break below the fallen wedge the bears will celebrate. Bulls need in a few days bullish activity with a higher close above Friday hammer candle.
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Disclaimer
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.