We may derive the following from the Weekly FSR chart:
1. Price has broken a +- 3 year uptrend. Signalling further downside.
2. It is probable that a bearish trend may be unfolding.
3. Monitor price action and watch for further shorting potential.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
Update idea
1. Price has broken a +- 3 year uptrend. Signalling further downside.
2. It is probable that a bearish trend may be unfolding.
3. Monitor price action and watch for further shorting potential.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
Update idea