I was watching the movie It last night and fancied this a fitting title :)
The 200-day EMA is getting tested today. Do we close it as support and move upward? Or are we slowly deflating this balloon until everyone realizes its done floating for now?
This is the most bearish scenario in the event of a full-on market crash in the very near future. I am looking at other more bullish scenarios as well which I will post soon.
Purple lines - Monthly structures Red lines - Weekly structures Blue dotted lines - Daily structures Orange thick lines - Potential formations Green thick lines - Giant descending triangle Black thick lines - Descending flag Red thick lines - Potential bottom/top swing zones depending which way we go first
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.