I have waited longer for this than perhaps I should admit due to closing my long way to early and not letting my winners run..
- Price Action hit the bollinger band upper limit
- OBV has hidden bearish divergence
- MACD Histogram has hidden bearish divergence
- MACD seems posed to cross the signal line bearishly.
Comment:
This is basically an update but looking at the 2 day chart instead of the 3 day. The candles look very similar with very tight real bodies and our current candlesticks show a lot of interest to the downside. The MACD also shows tightening price action with the MACD and Signal lines very tight and therefor a tight histogram. The OBV is tight to the 10 EMA and the 10 appears to be about to cross the 20 shorty and bearishly.
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion