The symbol seems to be in a pivotal moment, where the price level was steadily climbing while the DO indicated a down-term trend.
A possible ending may be reached by the end of November.
For an uptrend opportunity, wait to see if the RSI line can pivot upside and cross the two MAs in CBIdex.
A possible ending may be reached by the end of November.
For an uptrend opportunity, wait to see if the RSI line can pivot upside and cross the two MAs in CBIdex.
Comment:
Still not a good position to get in.
Comment:
The volume begins to climb a little bit. Wait to see whether the blue plot in CBIndx is able to rise above the green or not.
Comment:
The Blue Plot successfully climbed above MAs. This short-term bullish trend is formed. Not for long though.