Back in May, when the RSI dropped to 23, it looked as though that would have been a good time to go long. The market did rally for several days but then rolled over. The next time the market came down, the RSI did not drop as low and set up positive divergence. We may have to wait on something similar before this decline ends.
Fib confluence/support zones are as follows:
1370 to 1363, now busted. 1346 to 1335 1319 to 1311
As each of these zones is blown through then it is likely the next zone will also succumb.
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.