MACD has only broken above 4 twice in it's history (that I can tell) on the daily. Once in February, just eeking out over the 4.0 line. The time before that was in January. Right before that big drop in Jan/Feb of 18.
CMF (not shown) appears to be making it's first major downward run as beginning on Feb 22 for the first time since its end on Dec 24.
RSI just barely out of overbought territory with plenty of room to the downside.
MACD showing a move into the red, need to see where this goes.
Volume is a JOKE lol.
Lastly, Elliot Wave (not shown) appears to be in a down trend. Need to keep an eye on this and see where it goes as well.
DYOR and watch out for the "China trade deal is going well," comments meant to solely boost the stock market. We could be 6 months out from a deal and still hear that weekly.
Feel free to leave your thoughts-
Thanks
CMF (not shown) appears to be making it's first major downward run as beginning on Feb 22 for the first time since its end on Dec 24.
RSI just barely out of overbought territory with plenty of room to the downside.
MACD showing a move into the red, need to see where this goes.
Volume is a JOKE lol.
Lastly, Elliot Wave (not shown) appears to be in a down trend. Need to keep an eye on this and see where it goes as well.
DYOR and watch out for the "China trade deal is going well," comments meant to solely boost the stock market. We could be 6 months out from a deal and still hear that weekly.
Feel free to leave your thoughts-
Thanks