Relentless selling pressure here for $BABA and Chinese stocks, that being said, US stocks are majority red today and the large/mega cap stocks are struggling the most. The 0.88 Fib remains the last support line to salvage the green impulse wave, and below the red line at $78.....this is likely to come down a lot further.
There has been no changes to this chart and this chart will unlikely be needed to change for the next while as the Wave C in amber has always been here too.
Kaan
2023-04-25 20:47:55 +0000 UTC