Reminder of current bearish factors : - a large bearish flag - a strong MACD divergence - a huge RSI divergence - a steady increase in institutional short positions (COT report) - a significant drop in volumes these last months - a weekly bearish MACD cross - a death cross in progress - the great powers want to regulate the market - China fights mining
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The reversal area is probably between 34500 and 35500.
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The reversal is near, 36600 max.
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Bounce up to 36K then reversal.
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The reversal seems to have started.
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New bounce, reversal delayed.
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Downtrend in the next hours.
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In less than 24h.
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Resumption of the decline before the end of WE.
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The start of the huge fall is very near, so be careful.