Moving along what we have been watching and expecting. Note the bearish evening star DOJI
, followed by 4 days of brief downtrend last week. The uptrend continued shortly thereafter. Now, we are at $107.7. The candlestick
pattern looks like dragonfly doji
, which could be bearish
. If bearish
, this is expected to be short term, lasting a couple days or so. The MACD
both broke the resistance line, suggesting that the bullish trend
will continue. Stay tuned.