LLY headed lower?

٢٥ يوليو ٢٠٢٤

LLY LLY looks like it will head lower. Support at the dotted lines on the composite index have marked bottoms, but failure has seen continuation. We have a break below the BB and LMACD roll over.

~784 and ~808 align to AVWAPs anchored to gaps and fib confluences. ~784 aligns with support on the volume profile.