Short term divergences developed on 12 and 4hr charts.
Overall bearish weekly structure is concerning. Should the rally break 8k+ this would ease investor concerns which currently look like a slow downward bottoming.
7800 - 8000 - 8600 key levels to watch during rally.
Overall bearish weekly structure is concerning. Should the rally break 8k+ this would ease investor concerns which currently look like a slow downward bottoming.
7800 - 8000 - 8600 key levels to watch during rally.