Looking at the bigger timeframe here ,
im expecting the index funds will drop more to the last support or at the 50% fibo retracement ,
as you can see , there was a few rejections on the 200MA and bounced back up when it touched to the 200MA in the weekly timeframe, that i circled in the chart right there .
hopefully we can expecting the same scenario and waiting for the bull market to kick back in .
Let me know what you guys think about the current market situation .
im expecting the index funds will drop more to the last support or at the 50% fibo retracement ,
as you can see , there was a few rejections on the 200MA and bounced back up when it touched to the 200MA in the weekly timeframe, that i circled in the chart right there .
hopefully we can expecting the same scenario and waiting for the bull market to kick back in .
Let me know what you guys think about the current market situation .
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.