Could find trouble at this gap fill and turn red. Gonna continue to watch this for confirmation of either RIP or Dip.
Daily MACD and Stoch give me a slightly bearish bias next week on current conditions. 2 hr MACD is ready to potentially turn if no major RIPS occur. Stoch has been just floating overbought for 6 days and the RSI is overbought. Could see a shot down toward one of the trendlines towards the bottom to ease the pressure of the bears and then on and up (unless some idiot tweets some bull)towards the upper trend line in the Triangle.
Daily MACD and Stoch give me a slightly bearish bias next week on current conditions. 2 hr MACD is ready to potentially turn if no major RIPS occur. Stoch has been just floating overbought for 6 days and the RSI is overbought. Could see a shot down toward one of the trendlines towards the bottom to ease the pressure of the bears and then on and up (unless some idiot tweets some bull)towards the upper trend line in the Triangle.