probability of big move down
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momentum is running out. smart money not buying this. looking for another move down before going sideways for until for a month or 2 maybe, before resuming downtrend. all depends on how the market absorbs this potential fall.
That being said the opposite could happen and we could make another high, this could be a correction.
That being said the opposite could happen and we could make another high, this could be a correction.
Nota
the most probable outcome happened to be correct this time. Market looking to test previous lowsNota
looking for intermediate bottom between 6400 - 6600.
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