We are currently trading at a critical level, 21 EMA monthly which was broken in February. Throughout the last decade, it has provided substantial support and potential sell entries during the dotcom bubble and the subprimes crisis.
Are we headed to the same direction ?
Have a nice weekend, be safe
Are we headed to the same direction ?
Have a nice weekend, be safe
Comment:
On a shorter timeframe (daily), we can notice a rising wedge and some moving average resistance 50Ma
Comment:
Comment:
We got a decent pullback since we touched the 21EMA MONTHLY (2878). The monthly closure will be interesting to watch.
Comment:
Sellers have peak their nose in, let's see how it plays out