MACD BULL Cross on the Daily and Bullish engulfing candle also on the weekly. Resistance at very psychological level of 400.
I am acknowledging my bearish bias overall and am not sure if it can continue this with the current market conditions, but indicators and levels perhaps show a possible breakout coming. Obvious big spot at 400. Can we break through this time or will we fail again like we did on May 2021 and February 2022?
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.