I won't over explain, but my models always show a fast downturn, or upturn when entering a new channel, especially after a new channel creation. This usually happens in 3's then slows down. Not saying to short or where to long, but 3950 and possibly 3700 are now very magnetic 🧲
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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.