I am not committing to it as I feel it's purely speculative and cannot see underlying reasons to either buy or sell it.
the technical picture starts looking like a SELL and I feel market is LONG and could be WRONG :)
Anyway, without kidding, the upper range seems protected $ 45,500 and unless we break convincingly that level, we may revisit higher $ 50Ks.
For now I see potential to the downside and $ 35,500 short-term is maybe possible.
the technical picture starts looking like a SELL and I feel market is LONG and could be WRONG :)
Anyway, without kidding, the upper range seems protected $ 45,500 and unless we break convincingly that level, we may revisit higher $ 50Ks.
For now I see potential to the downside and $ 35,500 short-term is maybe possible.
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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.