The two grey lines are the midpoints of the two ranges respectively. leading the new waving range to 430-453. The recent market has been trickled persistently lower, without the churning volatility. This also shows that the previous soaring has been taken back almost 80%. Though there does appear some supports at the midpoint, the volume is not good. It’s more of a symbolic rebound. 4 hours MACD indicates a death cross is forming as well as 1-hour MACD keeps its bearish trend.
sell 436, buy 422, stop 443
sell 436, buy 422, stop 443