0.618 fib (from 2020 top to 2009 bottom) seems to be holding as support on the daily. This is also coincidentally the 2018 Christmas crash bottom.
RSI looks like it is going to break up.
We'll just have to see what happens tomorrow and if $2341 holds.
I'm inclined to say bounce given that the economic fallout of COVID19 hasn't fully hit businesses yet.
RSI looks like it is going to break up.
We'll just have to see what happens tomorrow and if $2341 holds.
I'm inclined to say bounce given that the economic fallout of COVID19 hasn't fully hit businesses yet.