Still Bullish but evidence is leaning to bear mode.
Price has penetrated into the cloud and is now stuck in it.
It has tested support and held thus far. But it is a time to be cautious and the evidence is leaning bearish. If we break through support in the 350-357 zone. Time to short it. Other indicators need to improve or it looks like a false breakout occurred. Now is a time to be vigilant.
It has tested support and held thus far. But it is a time to be cautious and the evidence is leaning bearish. If we break through support in the 350-357 zone. Time to short it. Other indicators need to improve or it looks like a false breakout occurred. Now is a time to be vigilant.
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