Seems we are going to close in red area before the new year (approx 10% lower than recent area).
If this happens, which is very possible, then we can reach yellow area in 2025 (approx 55% lower than recent area).
If this happens, which is very possible, then we can reach yellow area in 2025 (approx 55% lower than recent area).
Note
Next days can be 3080 and even 3140, but in my opinion it won't change the situation dramaticallyNote
We closed under red zone, short is going by planNote
April's peak it was sideways, not an up trend
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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.