- Market price is currently near 50 day moving average resistance and retraced several times from moving average - bearish indicator
- MACD crossed bearish which indicates further down movement
- RSI broke out of down trend channel and build a new one. Ascending RSI with sideways/descending market price indicates further down movement
- MACD crossed bearish which indicates further down movement
- RSI broke out of down trend channel and build a new one. Ascending RSI with sideways/descending market price indicates further down movement
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
