Price is being constantly rejected from the fork line. Obviously, market sees that line but MACD is not divergent yet and the downtrend line hasn´t been reached either.
Last two fact open possibility for short-time longs, specially when we know that oil is adding green candles since days ago.
Bud I´d be careful with long time longs as bears probably haven´t said their last word
Last two fact open possibility for short-time longs, specially when we know that oil is adding green candles since days ago.
Bud I´d be careful with long time longs as bears probably haven´t said their last word
Comment:
S&P approaching the trendline from the beginning of the year. By the same way we haven't got any confirmation on a possible Bull run on Monday and Tuesday, we haven't got a confirmation of a bearish run yet.
The hypothetical triangle has already been broken to the upside and to the downside which means the should be another pattern of a bigger extension.
Let's wait for today's close: Bulls have missed their option and now bears have this real option to turn the things in their favor
The hypothetical triangle has already been broken to the upside and to the downside which means the should be another pattern of a bigger extension.
Let's wait for today's close: Bulls have missed their option and now bears have this real option to turn the things in their favor
Comment:
Closed a week below black trendline. Is this it?
Comment:
So far so good
Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
As per a chart below, this can be a beginning of a new bullish rally, having 2220 as first target