Charted CND for a request. Let me know what you think..
Comment:
Day Chart Updates
Well looks like we got our close below and confirmation of downside. Price broke support at 1835. From a day view, I can see price falling / spiking into the 1500 zone. This would bring it near the 36day moving average. Time will show if we break and keep going.
4hr Chart
From the 4hr we can see not only was the support broke but the 200 MA was broken also and both prior support and the 200 MA is acting as resistance. Still thinking we are moving down.
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Day Chart Updates
Well looks like we got our close below and confirmation of downside. Price broke support at 1835. From a day view, I can see price falling / spiking into the 1500 zone. This would bring it near the 36day moving average. Time will show if we break and keep going.
From the 4hr we can see not only was the support broke but the 200 MA was broken also and both prior support and the 200 MA is acting as resistance. Still thinking we are moving down.