Technical reasons
Macro reasons
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*Not financial advice
- RSI breaking structure
- Price is breaking bear trend
- Price is breaking channel
- MACD trending up
- Fib target 0.618 retracements from lows
Macro reasons
- China's GDP shrinking
- Inflation coming down
- FED lowering Interest rates
- Possibly rasing debt ceiling
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*Not financial advice
Disclaimer
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.
Disclaimer
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.