- Ichimoku is bullish, but where is the momentum? Forward Kumo is getting thinner (longer averages converge) - Heikin-Ashi (candles and indicators) shows indecision and lack of bullish momentum. - MACD suggests rather a consolidation than a trend in place. It has massive negative divergence since december! - EWO is bullish, but fails to print higher values
Key levels: - 2276: daily Kijun - 2243: Spot Kumo top, 100wma+ , forward Senkou B - 2169: Very important as it is previous breakout level and also the Weekly Kijun Sen - 2100: Major bullish trendline - 2056: Monthly Kijun Sen (26 months average) --> real bear market would start below this