As stated in my last update, the first resistance would be the 50 day moving average, with the next one being the bottom of the cloud. Our countdown lower didn’t reach 9 to the downside which means we could see a continuation lower or sideways if we don’t decisively break higher to at least 10,800 for today’s close and the green count numbers continue higher in their own formation up to 9 on the next several daily candles.
Keep watching those countdown numbers. They are a great indicator of momentum and change in direction.
MACD and Stochastic are still showing some more upside, but I’d really like to see some more Oomph. (Buying Volume)
Keep a watchful eye. The upward trend will eventually resume. Until then I continue to HODL, and buy more when I can.
Keep watching those countdown numbers. They are a great indicator of momentum and change in direction.
MACD and Stochastic are still showing some more upside, but I’d really like to see some more Oomph. (Buying Volume)
Keep a watchful eye. The upward trend will eventually resume. Until then I continue to HODL, and buy more when I can.