The 50-day moving average has been a nice guide of selling interest or resistance. Wave 4 has formed and the rally has been moving higher on falling momentum. The rally has also moved up on less volume.
This would be a spot for sellers to come back to resume the primary trend. This could be the spot for the corrective bull move to find a ceiling.
Thoughts?
This would be a spot for sellers to come back to resume the primary trend. This could be the spot for the corrective bull move to find a ceiling.
Thoughts?