Description in chart
Declining Volume
Break the downtrend support
Go back to 21 daily ema. Bounce slighly higher ( maybe 250ish)
Tank to 190 last supply zone b4 the local low. Moon it above 255 to hit all stops and then capitulation. (260 prolly higher depending on liquidations.
capitulation after
Declining Volume
Break the downtrend support
Go back to 21 daily ema. Bounce slighly higher ( maybe 250ish)
Tank to 190 last supply zone b4 the local low. Moon it above 255 to hit all stops and then capitulation. (260 prolly higher depending on liquidations.
capitulation after
