We may derive the following from the Weekly J200 chart:
1. Price remains bearish - as currently seen by the rejection at the orange box.
2. It is probable that price will continue to the downside until reaching the support trend line.
3. Wait for an opportunity to present itself. And as always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price remains bearish - as currently seen by the rejection at the orange box.
2. It is probable that price will continue to the downside until reaching the support trend line.
3. Wait for an opportunity to present itself. And as always - maintain your risk.
Note: The views provided herein do not constitute financial advice.