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The Technicals Are Bearish | Katie Stockton
Forward Guidance
The MACD and the MACD Divergence Indicators
I think it's probably somewhat self-fulfilling Even as support and resistance So there's a lot of ways to identify it and the better you get at that I think the better position you are to manage risk Right, yeah. There's actually even a more important level around 3200 That we feel a little bit more confident that that's a key Support level that could capture a major low And again, that's derived from the Fibonacci sequence To your point on as sort of the initial positive reaction from j-pallis comments It's super common to see some kind of knee jerk move intraday Um, so we always caution against trying to get too cute around these types
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