Today looks like it could be the continuation of a small pennant pattern at support.
EMA's are headed lower after a pretty decent cross in March - bearish sign
SMA's crossed bearish about a week ago - bearish sign
ADX is getting slightly high around 40, but has room to move if a big move occurs
Stochastics are looking slightly oversold - look out for a triangle forming from May
RSI is following the movement
MACD is headed toward 2014's low before a break higher.
BB, walking with the bottom band
My prediction, wait for a move lower. I'm bearish but looking for confirmation below the trend line. I'll be looking to add to long positions if it breaks above 138.93 and selling calls if it makes it way below 135.12.
EMA's are headed lower after a pretty decent cross in March - bearish sign
SMA's crossed bearish about a week ago - bearish sign
ADX is getting slightly high around 40, but has room to move if a big move occurs
Stochastics are looking slightly oversold - look out for a triangle forming from May
RSI is following the movement
MACD is headed toward 2014's low before a break higher.
BB, walking with the bottom band
My prediction, wait for a move lower. I'm bearish but looking for confirmation below the trend line. I'll be looking to add to long positions if it breaks above 138.93 and selling calls if it makes it way below 135.12.