Daily Time Frame - Mode is sell with no reversal signs on daily charts. The conditions are oversold and the possible targets now are 4875-4860 and then 4725 which is the 100% retracement of the swing.
In the meantime - we will be alert to the possible bottoming out/ reversal signals.
Weekly Time Frame - Mode has given a sell.
Now with the daily in oversold either this can be a whipsaw on weekly or we can continue to move down with greater momentum now.
Lets see how the prices unfold themselves. Bias is negative. We remain short.
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