Last post: May 25th. See chart.
Review: Price was continuing to weaken as the bears remained in control of the market.
Update: Price pulled back to resistance and the bears are now back in control with good weakness towards the end of the week.
Conclusion: A break and close below the draw-in pivot support is still required and ideally in the form of a bear flag.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
Review: Price was continuing to weaken as the bears remained in control of the market.
Update: Price pulled back to resistance and the bears are now back in control with good weakness towards the end of the week.
Conclusion: A break and close below the draw-in pivot support is still required and ideally in the form of a bear flag.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
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Join Our Private Community
bit.ly/join-ST-community
Plus Get Our Ultimate Stock Market Blueprint.
bit.ly/join-ST-community
Plus Get Our Ultimate Stock Market Blueprint.
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.