If we hit the previous lows (or slightly cut under that - that's even better), we could get text-book reset on daily. It fits the overall market direction - retest lows and move up for few months.
My ideas are mostly based on technical analysis and few fundamentals, but I don't follow specific indicator. I have some know-how by looking across several indicators. Of course, I might be wrong as well. Forecasting bottoms and tops, not target levels or price path.
Don't forget to enjoy your day:)
Disclaimer: This is my personal journal, not investment advice for anyone.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.