This chart and analysis are not financial advice. Do your own research before trading or investing.
ASI Daily
01. ASI is taking support at 200 DMA.
02. The bullish divergence shows activation but needs confirmation, which can happen when the latest Lower High is broken.
03. There are signs of lesser selling coming into the market and no more bargain hunting available. To get confirmation of this we need to keep and eye on the daily TO and volumes and number of trades.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.