We expect that RSI will creates LL and Price creates HL within .5 RED (26k) and .618 REd (22k) and might create a wick in the support/buy zone (17k-19k).
We can bounce to .5 RED then to .382 RED before .618 RED
Weekly Still Overbought
Unless price goes lower below support/buy zone (green box), continuation is valid
Disclaimer: I am not qualified to offer investment, legal, or any other advice nor am I trying to do so.
All my posts are my own opinion and any decisions, investments, or risks you take as a result of following my posts are your own responsibility.
I cannot be held responsible for any decisions you make as a result of following my posts.
We can bounce to .5 RED then to .382 RED before .618 RED
Weekly Still Overbought
Unless price goes lower below support/buy zone (green box), continuation is valid
Disclaimer: I am not qualified to offer investment, legal, or any other advice nor am I trying to do so.
All my posts are my own opinion and any decisions, investments, or risks you take as a result of following my posts are your own responsibility.
I cannot be held responsible for any decisions you make as a result of following my posts.
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