MACD on the 2 week chart just had a bear cross and the histogram got a red notch. I would think bulls need to act quick and send this up swiftly or we are in for some bearish price action. We almost had a bearish cross on the 2 week chart in the last bull run, but it ended up being an elaborate fake out. Notice how the histogram hasn't didn't change red then though. Both bear crosses in question are pointed out with a red vertical line.
I tend to think we're going up to at least 9k so we will see what will happen but I cannot ignore this threat. I will keep an eye on this development, might have to ejecto seato out of this market cuz.
I tend to think we're going up to at least 9k so we will see what will happen but I cannot ignore this threat. I will keep an eye on this development, might have to ejecto seato out of this market cuz.