Because we are below the daily 200MA for a couple of weeks now, i don't think that we will be going to higher levels than 14K. It's just no rocket fuel. Also we have an incoming death cross of the daily 50 and 200, which could still be avoided, but every day we are getting closer.
A nice bounce back to around 10500 usd looks normal and than continue to lower levels.
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.
A nice bounce back to around 10500 usd looks normal and than continue to lower levels.