all analysis in the chart. things are looking great on the 4 hour chart. volumes are back. RSI
is trending in the right direction. What's stalling this recovery tho is RSI
is hitting major resistance around 60. however, the MACD
and DMI are starting to show a positive story. lets see where this goes.
On the daily we are still trading inside a descending channel
. But the shorter term charts are beginning to turn around a bit and the 4 hour chart is looking great.