HEAD AND SHOULDER FORMATION
Usually traditional market cycles don’t consolidate that fast before becoming bullish again. There is a potential Head and shoulders formation which would trigger the market downwards with heavy momentum.
Stock RSI, going downwards and RSI oversold while touching a heavy resistance area at the $8900-9100 levels.
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Usually traditional market cycles don’t consolidate that fast before becoming bullish again. There is a potential Head and shoulders formation which would trigger the market downwards with heavy momentum.
Stock RSI, going downwards and RSI oversold while touching a heavy resistance area at the $8900-9100 levels.
I