Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in any stock exchanges, Indices, Stocks, Forex, Crypto etc.
ASI
ASI
ASI closed with a red candle. This scenario might create a HH point while the marked yellow zone and above it can be the probable creation of HL point.
This will help out to cool down the RSI while traders can take some profits.
RSI is cooling down after reaching overbought zone.
MACD is maintaining above the base line.
In daily chart, MA 30 has started to incline and MA 50 which was in decline trend has started to flatten out. Eventually this will to incline towards up.
ASI
ASI
ASI closed with a red candle. This scenario might create a HH point while the marked yellow zone and above it can be the probable creation of HL point.
This will help out to cool down the RSI while traders can take some profits.
RSI is cooling down after reaching overbought zone.
MACD is maintaining above the base line.
In daily chart, MA 30 has started to incline and MA 50 which was in decline trend has started to flatten out. Eventually this will to incline towards up.