The first chart shows the bulish possibility should rhem market make a 3rd low early next week
However a break below the 5/8 level in the second would be bearish
The market remains in a well defined downtrend and the 40 dma appears to be rolling over
However a break below the 5/8 level in the second would be bearish
The market remains in a well defined downtrend and the 40 dma appears to be rolling over
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