Blue 100 EMA crossing Yellow 200 SMA. At same time On Balance Volume is at the same level it was over 2 years ago, when price was over 13k lower.
Breaking below and out of the cup structure is an invalidation.
Orange and Green highlights show 6k+ impulses that bears cleared last year, hovering around macro RED res/sup line. Harder they fall. Faster they get back up. Wouldn't expect much resistance there.
Its a long baby.
Not Financial Advice.
Breaking below and out of the cup structure is an invalidation.
Orange and Green highlights show 6k+ impulses that bears cleared last year, hovering around macro RED res/sup line. Harder they fall. Faster they get back up. Wouldn't expect much resistance there.
Its a long baby.
Not Financial Advice.