Bearish for the short term. Unless we get some pump action and break the 0.5 fib, I think we'll slip into the 14 range. The 0.786 fib is a nice support area, so I'm watching the 0.786 to 1.0 fib range for a potential trend reversal.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
