Hi Index Fan,
Like I explained on my draw, and after the analysis of the time trend, and also the strong divergence with the RSI, the correction is coming.
Sell in May and Go Away, or Short in september and go to the beach ... Unfortunatly the pun is not here the divergence Yes!
It is time also for the velocity to go up again after the flash crash of february.
All indicators are bearish, so caught that, and lets make dollars (And Holidays) ! $$$ !
Let me know if you have any question.
HM
Ps: About the Target price I got it with Fibo and my indicator ( Write "Moriceau" and you will find some of my indicator in public) :)$
Like I explained on my draw, and after the analysis of the time trend, and also the strong divergence with the RSI, the correction is coming.
Sell in May and Go Away, or Short in september and go to the beach ... Unfortunatly the pun is not here the divergence Yes!
It is time also for the velocity to go up again after the flash crash of february.
All indicators are bearish, so caught that, and lets make dollars (And Holidays) ! $$$ !
Let me know if you have any question.
HM
Ps: About the Target price I got it with Fibo and my indicator ( Write "Moriceau" and you will find some of my indicator in public) :)$