Stock market lower low lower high formation it means stock in a downtrend.
Moving averages and lagging and leading indicators give a bearish signal.
Also today came a bad news for stock.
Stock is very week formation for long, 200 DEMA for last hope to support and bounce back.
Disclaimer this is my personal view for education purpose only.
Moving averages and lagging and leading indicators give a bearish signal.
Also today came a bad news for stock.
Stock is very week formation for long, 200 DEMA for last hope to support and bounce back.
Disclaimer this is my personal view for education purpose only.