The price is pushing strongly into resistance after breaking and retesting the 200 Daily SMA.
The 100 Daily SMA is about to touch the 200 Daily SMA. A break of the short term MA above the long term MA would signal a bullish scenario.
A break below the trendline would probably lead to more sideways trading into the end of the year.
The 100 Daily SMA is about to touch the 200 Daily SMA. A break of the short term MA above the long term MA would signal a bullish scenario.
A break below the trendline would probably lead to more sideways trading into the end of the year.
I have been trading for 15 years!
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> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: www.tradeciety.com/webinar/
> Free blog: www.tradeciety.com/blog