The market is failing to make a lower Low at this moment. Simultanously, the MACD Oscillator shows Divergence. That means, that the Indicator below and the price are not moving in common. While the market went up and came down again (ref. two green arrows) the Moving Averages on the MACD were rising.
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.