We have here a retest of the resistance zone while showing a very bearish combination of candles.
I expect to see some downside in the next days, probably testing the 16600 zone which was a previous rotation area. It could develop in an ABC format.
We didn't see the retest of the mid point at 17600, but the tape continue to show selling strength.
I expect to see some downside in the next days, probably testing the 16600 zone which was a previous rotation area. It could develop in an ABC format.
We didn't see the retest of the mid point at 17600, but the tape continue to show selling strength.