Boys and gals I hate to say it, but we are now below all 3 moving averages on the daily as the ADX
is accelerating and MACD
is pointing down. Keep in mind that we are not even close to being oversold on the MACD
. We are due to lose few thousand dollars the next month. Hopefully this wont turn in a weekly trend. If it does we are looking at another 2 year bear market. Im talking prices that you wont believe.