Below 8600 (Current uptrend breakdown) - bearish Below 8000 (Daily MA 200 breakdown) - very bearish Below 5800 (Weekly MA 200 breakdown) - super bearish Below 5400 (Current longterm triangle breakdown) - mega bearish and end of all hopes
Personally I think we are in long-term uptrend until we have not broke down weekly MA 200. Now we are above daily MA 200, that is a good sign too. But with every weekly 200 MA visit, chances to break it down are higher and higher.
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