Comments on the chart
Note
Price moved lower today helping the idea. Price is getting oversold somewhat nowNote
Price is still falling but I am allowing for some retracement from here and then some more downsideNote
Price fell hard again today coming to rest 37 points lower at an area that could be a goood turnaround area (look left).. I was looking for some retracement and we got it for only one day before a big fall. The candle today is a bearish engulfing one and therefore there could be more follow-through tomorrow when market opensNote
Price fell again todayNote
The retracement idea is playing out right nowDisclaimer
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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.