likes to create channels before moving back up. The price is close to a strong support area
. Now we need to see a strong reaction before jumping into this trade and buy again. Recently the stock market has moved with a low volume
and this creates a high failure rate for the models. This week the volume
looks a bit better and we may see some price reaction.
The content of this analysis is subject to change at any time without notice. Trading leveraged products carry a high level of risk and may result in you losing substantially more than your initial investment. This is not financial advice.