Like everyone else I obviously have no crystal ball. Daily 300 SMA currently sitting at 18.3. Should this break am anticipating a bounce off the 78% fib (17) However given how relentless the bots have been there is a gap at 15-16 that occurred 09-08-22. Potentially possible this gap may fill.
Whichever way this breaks I would not consider buying until SP is above 8 day EMA, then assess. As has been observed by many, the bears are in total control. So for my money too dangerous to try and catch a falling knife.
The above is definitely not advice, just my opinion.
GLTAH
Charlie
Like everyone else I obviously have no crystal ball. Daily 300...
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