Is this bull market reversing into a bear market soon? We are not yet able to decide it. What I see is, that probably this bull market won't be able to continue. It will probably continue "sideaway" with big swings in a very wide range (see weekly), and later... well you know me, I don't like to give such prognosis as I don't see the future, like some "tech analyst guys" with their arrows pointing here and there "do" :-)
- is turning to neutral: Chikou Span is losing open space. Price failed to make a higher high since March/2015. Kijun started to point down. Watch out for future Kumo 26 weeks ahead! Senkou A started to point down towards Senkou B, Kumo is getting thinner.
- 96,55 is very important key level: Kijun and future Senkou B there.
- Heikin-Ashi may turn bearish! Week is not yet over, but the candle looks like a , with already bias. Warning --> haDelta/SMA3 cross down at zero
haDelta has been building a negative divergence since March/2015!!!
- EWO has failed to make a new high since June/2015!
- is back to neutral, bias is changing to bearish: possible Kumo twist 26 days ahead! Price breaks back below Kijun Sen.
- possible triangle break on the lower side --> break
- Heikin-Ashi signal turns with all its components: red candle with long body and no higher wick, haDelta/SMA3 below zero, HA Oscillator red.
Strategy: Open initial shorts! Build position slowly!
acceleration expected below 98,10