Confluence
1. Daily Ichimoku Conversion line below the base line indicating for bearish direction.
2. Weekly Ichimoku also suggest bearish nature
2. 61.8% Retracement co-inside with trend line.
3. The situation in the Middle East can get worse which might push stocks down.
1. Daily Ichimoku Conversion line below the base line indicating for bearish direction.
2. Weekly Ichimoku also suggest bearish nature
2. 61.8% Retracement co-inside with trend line.
3. The situation in the Middle East can get worse which might push stocks down.