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China Prepares as Much as $70 Billion in Chip Sector Incentives At the maximum end, the proposal translates into the largest-ever state-backed semiconductor incentives program conceived, at a time nations from Europe to the Middle East are seeking to ensure…
SPX is 0.25% away from breaking ATH. Best case for today is closing the day at a new ATH, leaving us with a very nice close for the weekend so that crypto can finally catch up.
DiveInDefi
Bear Flag or ascending triangle? I guess we will find out within the next 1-2 weeks.
Looking more like a rising wedge right now which is equally bad as a bear flag.
If we lose this green support, I fear we will get a very nasty sell off.
If we lose this green support, I fear we will get a very nasty sell off.
DiveInDefi
Looking more like a rising wedge right now which is equally bad as a bear flag. If we lose this green support, I fear we will get a very nasty sell off.
Also we have formed a major downtrend resistance here.
DiveInDefi
the support is 87.7k I am pretty sure we will retest this very soon
Support hit. Now the sweating begins. If this doesn‘t hold, it can quickly become a very painful week.
DiveInDefi
Support hit. Now the sweating begins. If this doesn‘t hold, it can quickly become a very painful week.
A daily Close above 92.2k would be the bullish outcome for today, as it would mark a bullish engulfing candle off a support. Anything below will be worrysome..