Pattern is similar to Gold. Bounce depends on FED communication
- Major picture is ultra bearish. Maybe even too bearish, give how far price is below Kijun Sen. Equilibrium is ard 127'05.
- Heikin-Ashi candles show indecision before FED.
- Price pattern is a possible bullish wedge
- haDelta+ shows positive divergence. haOscillator crosses up above 50 level.
- EWO is bearish with some positive divergence
- MACD shows consolidation
- ATR shows 14 days volatility has normalised (still not very low)
Upper key levels: 124'10 / 125'10 / and Kijun Sen -> Please not that due to fallout of 9/November candle within 2 days, the 26 days average will drop to 126'15 : this shd be considered as stronger bearish support.
- Heikin-Ashi candles show indecision before FED.
- Price pattern is a possible bullish wedge
- haDelta+ shows positive divergence. haOscillator crosses up above 50 level.
- EWO is bearish with some positive divergence
- MACD shows consolidation
- ATR shows 14 days volatility has normalised (still not very low)
Upper key levels: 124'10 / 125'10 / and Kijun Sen -> Please not that due to fallout of 9/November candle within 2 days, the 26 days average will drop to 126'15 : this shd be considered as stronger bearish support.
