Seems Ichimoku is providing cushion but no clear break yet.
Hesitant maybe sideways for a couple of days if we do not make a decisive move tonight.
Comment:
Looks like we are loitering around the penant , there has been some big volume, whales hunting stop losses I presume.
We can still break but a major market confidence event would have to take place.
Everyone is wary now and so you should be.
Be careful, play both fields if you can.
Comment:
Looking at MACD and the volume curve we are just hitting the saturation point from which a downward movement can be expected.
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We can still break but a major market confidence event would have to take place.
Everyone is wary now and so you should be.
Be careful, play both fields if you can.