Short- and medium-term we are moving south. It is slightly oversold, but not extreme.
The RSI is negative and the MACD as well on all fronts.
Playing within the minor down trend channel, and resistance is $ 1,493 for now. I feel we should remain in SELL in rally mode until we reached the bottom of the large channel with support at $ 917.
The RSI is negative and the MACD as well on all fronts.
Playing within the minor down trend channel, and resistance is $ 1,493 for now. I feel we should remain in SELL in rally mode until we reached the bottom of the large channel with support at $ 917.