We broke out the trend but not for long as it quickly headed down.
However looking at the MA and MACD, there is no clear indication of it being bearish.
So most likely we are heading sideways. We will touch the red line again very soon.
Then let's see what happens. From there on it could go either way.
But eventually I think the red line will be broken.
However looking at the MA and MACD, there is no clear indication of it being bearish.
So most likely we are heading sideways. We will touch the red line again very soon.
Then let's see what happens. From there on it could go either way.
But eventually I think the red line will be broken.