The green dashed line marks the 50% point between the 19891 high and 0.
We have been chopping in that neutral kill zone between big support and big resistance.
Outcome remains uncertain. There are strong indications for a big move but direction is not at all clear (though downside seems more plausible in my opinion).
Trade with caution.
We have been chopping in that neutral kill zone between big support and big resistance.
Outcome remains uncertain. There are strong indications for a big move but direction is not at all clear (though downside seems more plausible in my opinion).
Trade with caution.