- Heikin-Ashi buy signal from Tenkan and support. haDelta and DM_Oscillator are both above zero line and turn up.
- failed to cross down for now, but flat -> bulls must be cautious as this will lead to divergence.
- EWO is
- is , Chikou Span enters open space again
- Price up from 100wma, Kijun and spot Kumo support. Heikin-Ashi is , but be careful, as haDelta is reaching relative high level, while price is getting close to 4990 resistance
- EWO moves higher
- Key supports: 4840 / 4775
- Possible resistance at 4995
The picture is , but I don't see much upside. It is not a good risk/reward to chase a long entry at these levels.