I've seen this rally might be a sad from the beginning. The trend is bearish, how could they so optimistically speak about over 7-8k when we had all this Chinese situation? Before we get 5100-5200 the chart will be like this we have now, trying and actually descending, that's a pitiful truth
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Depends on what time frame you are talking about I guess, but Daily trend is sideways with bullish bias IMO