- Setup is . Kijun refused 2 and 3 weeks ago.
- HA candles turned . Acceleration expected below Tenkan (below 2900 spot)
- EWO has an important message: BEARISH! More important message: 1st and 3rd wave was in. 5th is likely still ahead of us!
- Risk for bears: while it looks now and it is prudent to sell and keep shorts, in case market fails ti break below weekly Tenkan, it can be squeezed up to 3250, before the 5th wave really extends.
- setup is neutral
- Heikin-Ashi has bias.
- EWO back below zero! If stays red for few more days, it will be confirmed again
- Bulls need to clear 3070, or they are lost. Bears real chance will come below 2900 (below Kumo), but first they minimum have to have a candle close below daily Kijun!