Price hit the upper median line and dropped almost to the lower median line, but stopped at the 2402 level. These are all areas that we had mentioned in prior charts as possible resistance and support. Now we are coming back up to minor resistance around 2427. Because of the volatility, we may go a bit higher than this before holding as resistance, but this sell off yesterday may continue to push price lower eventually.
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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.