We are finally seeing some weakness in the mag 7 today, I was beginning to wonder if it was possible for it to drop. Not only did it weaken, but it was a big fakeout to the upside and it broke below previous support on the way back down. I have trendline support it could bounce at below, if not, it has a lot of room to fall. This is assuming the sell off has legs and isn't instantly bought up of course.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.