Mystery Chart (01-07-2019)
January 7, 2020
Here's this week's chart.
What we've got here is a breakdown to new lows after prices failed to gain any traction at support. Lower highs and lower lows continue, no need to overcomplicate this. A downtrend is a downtrend is a downtrend.
Click on chart to enlarge view.
I don't see any reason to be bottom-fishing this, but what do you think?
Tweet me @BruniCharting or email bruni@allstarcharts.com and check back on Thursday to find out why this chart is relevant.
If you enjoyed this post and want more content like this, consider joining our community by starting a 30-day risk-free trial or signing up for our "Free Chart of the Week".