Overlapping prices plus other chart criteria not at optimum yet may suggest a deep retrace up after the low is hit, Otherwise we could also describe it as a 'slow unwind' prior to a medium-term corrective drop in the general market later. Chart overlay on the right is VXX which has yet to challenge it's lows one more time.
Overnight has taken out the 'x' price so could be on it's way to completing the 'y' target(s).
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This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
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