NQ1!, Bulls are in Control, but...

19 באוג׳ 2019

A trending up session despite the flashing overbought conditions. Both short and long opportunities were available. The market made to the next resistance level. One need to remain cautiously bullish. A break down of the trend line with an impulse would be a bad sign for the bulls that may lead to a liquidation move. The negative divergence on RSI is a warning sign but not a sell signal.

8/19/2019