The forecast for week 2 of May 2022 is a higher probability of BULL
This assessment in no way considered financial advice.
This week was a Bull failing star, its position indicates further highs but the trend line is at a point where a change of direction is also possible. This week will need to be a Bull candle to signal a continuation. The volume is lower than last week, this is okay because it is a point of some indecision. Overall the volume has an upward trend. The OBV is supportive of another Bull week.
This assessment in no way considered financial advice.
This week was a Bull failing star, its position indicates further highs but the trend line is at a point where a change of direction is also possible. This week will need to be a Bull candle to signal a continuation. The volume is lower than last week, this is okay because it is a point of some indecision. Overall the volume has an upward trend. The OBV is supportive of another Bull week.