I think you all agree if I say that the downtrend is still valid. Yesterday it closed above with a candle that did not deliver all that power (seemed half hanged) and now the prices have been strongly rejected. There was also a slight negative divergence of RSI. I would say you miss
method cyclical in the short term because I do not know what to choose between a T +1 began March 22 and ended April 8 (11 bars), or between a T +1 or possibly open ended today Monday (17 ° or 18 ° bar)
Anyway we have a close support is the red trend (Monday passes at an altitude of 22,700 and is growing by about 50 points a day) ... and below this support would say that you can "point" to the static black 21800/21900 share which was often affected by prices in recent months. I'd call it the "static life or death"
If the intermediary cycle is regular ("64" bars) as a period of time we are in a perfect area to make the most of the cycle. (Statistically if the upward cycle is recorded on the 44th, yesterday was the 46th)
We'll see ... to the next.
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