Eventually we may retest 9500 again. If we are able to break and close, we will challenge 10.5k once more. If we fail, we may be headed to 7,800-8,000 range.
Bullview: We break 9500.
Bearview: We can't break 9500 and continue downwards.
On the bright side this would complete a massive head and shoulders pattern and launch us back over 10k levels.
Bullview: We break 9500.
Bearview: We can't break 9500 and continue downwards.
On the bright side this would complete a massive head and shoulders pattern and launch us back over 10k levels.
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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.