The MACD just signed a bear trend on the weekly chart. However, this also happened in the early bull market of 2016. Price should keep coiling up a little bit longer, but soon to rebounce on the Bollinger Band's red line - which is a simple moving average - to only continue the uptrend for years to come.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this post and any other posts that I make is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be the best for your individual needs.
The posts I make are only my perspective of the things I post about. Nothing is a recommendation to either buy or sell anything! The posts are only ment for either information or enterteinment purposes.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this post and any other posts that I make is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be the best for your individual needs.
The posts I make are only my perspective of the things I post about. Nothing is a recommendation to either buy or sell anything! The posts are only ment for either information or enterteinment purposes.
