Conviction: 3/5
Still in downward channel / flag. better to wait for better entry - either on breakout of retest of support.
Thesis
recently retested & bounced off long-term channel support (1996/2000)
Risk
market risk = risk for everyone
daily RSI-D moving down from recent overbought status
Still in downward channel / flag. better to wait for better entry - either on breakout of retest of support.
Thesis
recently retested & bounced off long-term channel support (1996/2000)
Risk
market risk = risk for everyone
daily RSI-D moving down from recent overbought status