Overall outlook bearish, from monthly time frame market has broken through support then retraced to new resistance (currently retesting)
Accumulation Phase, hedges generating liquid before they short. Seeing a build up here, Market may soon drop from resistance to next major support
200EMA shows downtrend on M,W & Daily
Accumulation Phase, hedges generating liquid before they short. Seeing a build up here, Market may soon drop from resistance to next major support
200EMA shows downtrend on M,W & Daily