drsamgeorge

US 100 LIKELY sell TILL 13000

Short
I use all these indicators, on a weekly chart
to me it appears the RSI is oversold and MACD is crossing down the zero line,
KDJ in the Red zone
slipping down between the 50-100 SMA.
likely to find support at the 100 days SMA.
The reversal of these trends I would consider an entry.

Comment:
Long-legged doji can be a sign that sentiment is changing and that a trend reversal is on the horizon
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