It looks like multiple indicators point to the .618-.65 as the next target
before a retrace to the .618-.65 of 2019 hight of June 26 which would be a likely target for algo's to sell
The daily MACD is bullish but lower TF's imply a needed correction IMO
So short term bearish if corrections are considered bearish. I believe they''re normal and healthy unlike the DJI ~{_8(|)={__
Mid/Long-term bullish
before a retrace to the .618-.65 of 2019 hight of June 26 which would be a likely target for algo's to sell
The daily MACD is bullish but lower TF's imply a needed correction IMO
So short term bearish if corrections are considered bearish. I believe they''re normal and healthy unlike the DJI ~{_8(|)={__
Mid/Long-term bullish
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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.