Disclosure: this is not financial advice, and therefore no one should use it as such, one should make their own decisions in the market based on deep analysis and thoughtful meditation.
This is just a reflection of the previous break through pattern highlighted in three colours, red, orange, and yellow. With a BB bands and a simple 50 period moving average over a 4hour candle chart.
The next drop should be somewhat similar or better.
It should be slightly different and may send the economy into a recession.
Another round of stimulus is becoming increasingly favourable and with elections right around the prices could get volatile.
This is just a reflection of the previous break through pattern highlighted in three colours, red, orange, and yellow. With a BB bands and a simple 50 period moving average over a 4hour candle chart.
The next drop should be somewhat similar or better.
It should be slightly different and may send the economy into a recession.
Another round of stimulus is becoming increasingly favourable and with elections right around the prices could get volatile.