levels based on weekly atr on the left and monthly atr on the right,
4h in bear x on dmi and hma
1M showing PA below fast moving hma and di+ curving down
1M extended @ 131% of 1M atr
break below 4490 and 1M could begin bear x on hma
Note:
1M dmi contracting to bear x with st @ 4440 with di+ @ 25.6 and di- @ 7.4
Bear divs visible on the weekly down to the 4h...
summary:
1.) Bear div between PA and DMI
2.) VA on VPVR an POC is downside
3.) Monthly ATR extended to the upside
AMD has provided a fat run on the monthly, from L @ 99.85 to H @ 121.56 AMD is at roughly 117% of 1M atr all to the upside.
dmi shows waning buy pressure, visible on 1d and 4h.
pa started dipping below fast moving 1d hma on the 18th and despite hh's...
