Above 23300 supports a bullish trend direction.
Upside price momentum supports the bullish trend.
A price action close and below 22800 increases the likelihood of a pullback and mean reversion trade.
At the lower range of the linear regression channel and the Bollinger Bands - which also supports upside price potential.
ADX supports a strong trend gaining momentum.
Mean reversion back to its 200-day likely.
Upside price momentum supports the bullish trend.
A price action close and below 22800 increases the likelihood of a pullback and mean reversion trade.
At the lower range of the linear regression channel and the Bollinger Bands - which also supports upside price potential.
ADX supports a strong trend gaining momentum.
Mean reversion back to its 200-day likely.