A nice bouncing back, as predicted from the chart
The third level of support for bulls is holding the bulls well, so far.
A key question to ask now is: will the down trend line be broken out successfully ?
If so, then the correction wave may end today, just a possibility, then bulls resume the up trend and market goes higher high ? !
Crossing my fingers.
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It seems to me down is this afternoon's major movement.
ReplyDeleteEuropean stock market down a lot today.
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