MACD convergence sends price back to prior pattern resistance, or consolidation average.
With crossover already complete we can expect additional support from 2750 along with 20EMA.
It's possible that the next major test will take place at 3k via the upper boundary.
We should look to hold along the current zone until 50EMA alignment.
www.tradingview.com/chart/gDBkksfy/
With crossover already complete we can expect additional support from 2750 along with 20EMA.
It's possible that the next major test will take place at 3k via the upper boundary.
We should look to hold along the current zone until 50EMA alignment.
www.tradingview.com/chart/gDBkksfy/
