A lot of bearinesh but here we've got a couple of strong early indicators that the correction is exhausting:
CCI shows a clear divergence from the bearish trend, plus it has bounced from an important low support
MFI + RSI shows an oversold level indication a reset possibility for a new very healthy uptrend
Ichimoku is showing an important green support on the Daily
We are still trading around 8600-8400 area of support although we broke some key MA and some short term death crossing are on the horizon we have a big potencial to resume the february rally now.
Oh, and by the we... nobody sees that Giganty Cup? really?
CCI shows a clear divergence from the bearish trend, plus it has bounced from an important low support
MFI + RSI shows an oversold level indication a reset possibility for a new very healthy uptrend
Ichimoku is showing an important green support on the Daily
We are still trading around 8600-8400 area of support although we broke some key MA and some short term death crossing are on the horizon we have a big potencial to resume the february rally now.
Oh, and by the we... nobody sees that Giganty Cup? really?
