Sorry for the late update.
Well overall markets looks like a reversal as expected. I still believe there is more downside ahead. Lets take a look at some bigger companies and especially oil.
Oil confirmed the bearish harami it made and made a confirmation of reversal in oil.
Same with BAC confirmed and should lead financials lower.
The gold and silver also made a bearish candlestick yesterday which should lead them lower.
Gold made a BEARISH ENGULFING which is very bearish and the same with silver. Both gold and silver should plunge down further from here imo.
So overall what I am looking for ? Still looking for more downside, lets see if we get support at 1196-1206 time will tell and 30min and 60min will tell too. I will update table before the close today.
Have a nice day
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