- Ichimoku setup is bullish, but
- Heikin-Ashi signals consolidation, and likely some more pull back finally: please see bearish bias in haOscillator (cross down below center line), and confirmed negative divergence in both haDelta+ and haOscillator.
- MACD is close to a cross down too
Key supports:
- Kijun Sen at 2333+
- forward Senkou B (52 days avg) at 2316+
- 100wma and spot Kumo at 2284
- Weekly Kijun Sen (26 weeks avg) is higher now at 2217
- Major long term bullish trendline is up to 2120
- Monthly Kijun Sen (26 months avg) is also higher at 2104+
So, minor pull back until 2285-2315. Some problem and more correction would come below 2285Increasing bearish bias below 2210. High probability for a serious bear market below 2105-2120.
- Heikin-Ashi signals consolidation, and likely some more pull back finally: please see bearish bias in haOscillator (cross down below center line), and confirmed negative divergence in both haDelta+ and haOscillator.
- MACD is close to a cross down too
Key supports:
- Kijun Sen at 2333+
- forward Senkou B (52 days avg) at 2316+
- 100wma and spot Kumo at 2284
- Weekly Kijun Sen (26 weeks avg) is higher now at 2217
- Major long term bullish trendline is up to 2120
- Monthly Kijun Sen (26 months avg) is also higher at 2104+
So, minor pull back until 2285-2315. Some problem and more correction would come below 2285Increasing bearish bias below 2210. High probability for a serious bear market below 2105-2120.
