upon review wide Bearish divergence can be seen when combing rsi with price action.
adx seems to be creating smaller waves, a downtrend could possibly follow.
20 sma is retesting 50 sma, 200 is still bullish support.
The Barchart Technical Opinion rating is a 100% Buy with a Strengthening short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
The market is approaching overbought territory. Be watchful of a trend reversal.
adx seems to be creating smaller waves, a downtrend could possibly follow.
20 sma is retesting 50 sma, 200 is still bullish support.
The Barchart Technical Opinion rating is a 100% Buy with a Strengthening short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
The market is approaching overbought territory. Be watchful of a trend reversal.
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