Overbought with daily RSI at 69 and weekly at 73. Also forming a bearish raising wedge (broken orange TL and the pink TL). Looking for a pullback to 20 SMA at 34, which is also a confluence of support and resistance trendlines.
07/24/2026 Market Outlook (Weak Rebound)
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Still since the current consolidation already is more than a month old
therefore there’re some …
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2 days ago