MA 7 and 30 = very close
MA 50 = although still below, but alr (plus the 2 above) are all flattening
BB = candles are already in band II
cannot break into band I
at support/resistance (broken in mid 2007) level found in 2004-2005
MACD crossing = meandering at middle
Momentum, CCI and stoch = declining
Econ calendar
US - 15th June 2017 = Fed i/r, FOMC econ projection + press conference
>> minutes = 6th July 2017
Jap - 16th June 2017 = BOJ i/r
>> minutes = 21st June 2017
Take away
Cannot read anything atm
Watch June (After completed) post FOMC econ projection (<as something to give safe movement)
MA 50 = although still below, but alr (plus the 2 above) are all flattening
BB = candles are already in band II
cannot break into band I
at support/resistance (broken in mid 2007) level found in 2004-2005
MACD crossing = meandering at middle
Momentum, CCI and stoch = declining
Econ calendar
US - 15th June 2017 = Fed i/r, FOMC econ projection + press conference
>> minutes = 6th July 2017
Jap - 16th June 2017 = BOJ i/r
>> minutes = 21st June 2017
Take away
Cannot read anything atm
Watch June (After completed) post FOMC econ projection (<as something to give safe movement)
Comment:
It is consolidating.
