Second day in red so is the down trend started? the answer is NO we are in a strong bull phase as of now also above 200ema which means market is bullish. There are good and high chances now that it may come down to retest the support area which will be around 200ema. In a bull phase its normal for the market to retrace 30% a correction is healthy.
Hit like & support guys
Hit like & support guys
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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.