IBB broke the previous upward TL. However, my indicator reached the bounce area, I would expect it to have a bounce to the broken TL for a retest before heading down lower. If breaking the weekly bullish cloud ahead, downside will be greater.
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.