$7400 is major support and current decline could stop here.
Next major support is $7000 and from there it's all free fall to $5500.
We could get the bounce from $7xxx area but it's all downhill from there anyways. But, it doesn't have to bounce, we have a sharp decline currently underway.
Be safe.
Next major support is $7000 and from there it's all free fall to $5500.
We could get the bounce from $7xxx area but it's all downhill from there anyways. But, it doesn't have to bounce, we have a sharp decline currently underway.
Be safe.
