BANK - Although for some reason today's candle is not yet on the chart you will see that price is bullish today and is struggling to break out of a falling wedge in an attempt to test the range of of a 4 month sideways channel. A close above $3751.34 will confirm the start of the rally back to $3835.21 | The 20 and 50 exponential moving averages are in favor of a...
BANK index: There is an enormous Adam and Eve double top forming inside the sideways channel. This may suggest that price is going to fall back to support. However there has been a lot of bearish divergence over the past two weeks and a corrective move bullish may push price into a breakout out of the sideways channel diverging from the bearish double top. As it...
