Be careful! Neutral for now

15 ביוני 2020

Guys, I know we all were waiting for a downfall, however as you can see the MACD histrogram is too widely open for a massive drop to occur now. I think we will test 3100/3200 levels again in the upcoming weeks. And then when the histogram is smaller and not that wide open we can expect the real drop. I doubt will be now. In my opinion was just a correction because the daily stochastic was overbought for weeks...