The daily chart is starting to turn into the 5th wave down. Stochastics are also turning, so I will be watching for covering bearish bars before entering a short. Likely within the next 24hrs.
The 3hr chart is also just coming off overbought. Prime time!!
The weekly chart is still on a bear wave 1 and well below all moving averages... strong bear trend.... daily trade in the direction of the weekly trend is the theme here.
The 3hr chart is also just coming off overbought. Prime time!!
The weekly chart is still on a bear wave 1 and well below all moving averages... strong bear trend.... daily trade in the direction of the weekly trend is the theme here.