Currently, the price action shows a potential descending channel. The "bottom" price would be at 1730-1750 zones based on the technical analysis.
This week we are all waiting for JOLTS, 10-y and 30-y Bond Auction, Unemployment, and CPI data.
Here are all the charts that I posted since the beginning of this analysis
Invalidation:
If the price breakout and close above the upper descending channel line
This week we are all waiting for JOLTS, 10-y and 30-y Bond Auction, Unemployment, and CPI data.
Here are all the charts that I posted since the beginning of this analysis
Invalidation:
If the price breakout and close above the upper descending channel line
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Chart Update
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