Hello everybody,
It has been extremely boring lately, the index is trapped between zones 572 and 580. It is time for an outbreak to occur. The bulls are currently in the best position given the RSI. The last bear market (red rectangle) was shorter than the previous one and at a higher level. The bulls now have to take their chance to break up. No short signals yet so far.
Regards,
TT
It has been extremely boring lately, the index is trapped between zones 572 and 580. It is time for an outbreak to occur. The bulls are currently in the best position given the RSI. The last bear market (red rectangle) was shorter than the previous one and at a higher level. The bulls now have to take their chance to break up. No short signals yet so far.
Regards,
TT