New chart. expand if you want for the indicators. I'll be discussing these. Let us look at the MAC'd, I have it marked.
הערה:
RSI & MFI ... The money flow "green" indicator has crossed over the RSI, shows me the outlook is good with more upwards pressure. The yellow oval has been placed further along the timeline, as I think price and the indicators need some time too resist or break through these points.
הערה:
ADX & DI ... the arrow points out the 'black line' and that no price flux momentum is happening, although the green 'bull trend" is above the threshold. When the black line moves up past the threshold, we'll see price flux back in full swing. Odds are greater, that, the green line goes up with the black line for the spike move. Until then, we could be seeing a criss crossing pattern, between the red and green lines, as the black line turns upwards, one will grab hold and off price moves.
הערה:
MAC'd .. 1/2 way through the trading day 25th. The indicator is in the zone, this is when the show down happens.
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and the RSI & MF - sideways towards the boundary lines crossing
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and finally ADX & DI ... The black line has made a full permanent turn let's hope it crosses over the threshold at the end of this trading day 25th. And that the green line picks up the momentum for the spike up.
הערה:
Next few slides should be the last series update before I start another bubble set. Just a visual way to explain how I look at these indicators.
הערה:
MAC'd I'm working on the next slide set ant you'll see the new bubbles. The indicator did deflect off the resistance line, I expect it to bounce back upwards. If the 4 hour gets any lower, we could see a big price drop as the 4 hour slips into negative on the scale, lets hope for a turn before hand, it can happen...hopium...
הערה:
RSI & MFI ... these guys also had problems with the crosspoint lines. Lets get that purple RSI back over on top of the blue dashed line !!
הערה:
ADX & DI ... We have all gauges "below" the threshold... nothings going on much. There is the crisscross pattern starting to happen with red and green as the black line lingers about.