This looks to be in the Early Stages of Confirming a new Downtrend as it's attempting to test the 55 Month MA as Resistance after Breaking Below a long established Trendline while Taking the RSI under 50.
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.
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.