The market is non-moving till now, and there seems to be a clear balance between BEARS and BULLS.
The MA-10 vs MA-30 has crossed positive, and usually this suggest up move is imminent.
The regression channel has clear defined points, and 14.16 mid-point, and support 12.36 area and a top above 15.00s.
Due to the lack of movement waiting is the greatest enemy. However, we have BUY signal now, and stochastic (not shown) is negative in fact, This means buying should be between current 13.75- 13.25 and place stop below 12.36.
Profit somewhere above 15.00.
The MA-10 vs MA-30 has crossed positive, and usually this suggest up move is imminent.
The regression channel has clear defined points, and 14.16 mid-point, and support 12.36 area and a top above 15.00s.
Due to the lack of movement waiting is the greatest enemy. However, we have BUY signal now, and stochastic (not shown) is negative in fact, This means buying should be between current 13.75- 13.25 and place stop below 12.36.
Profit somewhere above 15.00.