We may derive the following from the Weekly MTN chart:
1. Price has failed to substantially break/close above the 110 level.
2. The past two weeks have been extremely bearish.
3. It is possible that price may continue down.
4. Monitor price action and watch for further shorting potential.
5. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price has failed to substantially break/close above the 110 level.
2. The past two weeks have been extremely bearish.
3. It is possible that price may continue down.
4. Monitor price action and watch for further shorting potential.
5. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
