I am going to go ahead and call for it. The bear in the room eating everyones lunch and no one wants to talk about it.
The prices tapped the 21 EMA on the monthly chart and on the weekly charts it is pointing for 21300 range.
We are 10 days into the month and the ATR is above average at 2098 ticks compared to an average of 1368
I don't know how much longer this will hold, it is setting itself up for a new and lower floor. Be prepared, we are going to drop again.
The prices tapped the 21 EMA on the monthly chart and on the weekly charts it is pointing for 21300 range.
We are 10 days into the month and the ATR is above average at 2098 ticks compared to an average of 1368
I don't know how much longer this will hold, it is setting itself up for a new and lower floor. Be prepared, we are going to drop again.
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