A bearish trend is applicable below 590. Breaking above this level will negate the bearish bias.
Downside price momentum supports the bearish trend.
RSI leaves enough room for further downside price potential.
MACD crossover confirmed a change in trend direction to bearish.
Trend strength indicates a strong trend gaining momentum.
Downside price momentum supports the bearish trend.
RSI leaves enough room for further downside price potential.
MACD crossover confirmed a change in trend direction to bearish.
Trend strength indicates a strong trend gaining momentum.