Hello Traders! Market has signaled the bear market correction on weekly chart. It has broken its major weekly support at 4535.
Support levels and target: 4330,4160
Next level of support: 4000
Interest rate hikes , earnings , FOMC minutes on 26th so we can expect more downside .
Historically Jan, Feb, March months always supports bear market.
www.tradingview.com/...!/Z1nuV6o1-Nq-short/
Thanks!
Support levels and target: 4330,4160
Next level of support: 4000
Interest rate hikes , earnings , FOMC minutes on 26th so we can expect more downside .
Historically Jan, Feb, March months always supports bear market.
www.tradingview.com/...!/Z1nuV6o1-Nq-short/
Thanks!