Ichimoku MAs crossed to the upside. We still have to fight through the bearish cloud however. MACD showing bulls have some enthusiasm. Lets see how this plays out.
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Going by the little Ichimoku I know, this is an UP signal with caution. Price and lagging span are still below the cloud. The only thing we have going for us is the MA cross over and the current uptrend with sideways movement at the cloud resistance.
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Forgot to mention, MAs are also under the cloud making this UP signal weak.
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Zoomed out so the long term trend lines are visible. Not necessarily what Im expecting, but the support and resistance exists shows a possible area we may visit if things dont go bullish.
