Slowly we are moving lower and the MACD is negative now.
The most likely movement is downwards as market is liquidating its long positions. This may continue until $ 77-78 is reached for now. remain short, or sell into $ 90-92 range and place stop-loss higher $97-98. Profit order $ 78 for now.
The most likely movement is downwards as market is liquidating its long positions. This may continue until $ 77-78 is reached for now. remain short, or sell into $ 90-92 range and place stop-loss higher $97-98. Profit order $ 78 for now.