Stochastic Oscillator is overbought
RSI 67.03 approaching overbought levels
VIX indicator flashing top is in
Price is fighting the 100 EMA
Price reached golden zone of the Fib level
Price has cycle up to the upper resistance of the downward parallel channel.
We need price to break out the parallel channel and overcome the 64.75 resistance for some bullish action, unless the bears are going to cycle the prices down possibly.
RSI 67.03 approaching overbought levels
VIX indicator flashing top is in
Price is fighting the 100 EMA
Price reached golden zone of the Fib level
Price has cycle up to the upper resistance of the downward parallel channel.
We need price to break out the parallel channel and overcome the 64.75 resistance for some bullish action, unless the bears are going to cycle the prices down possibly.
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Disclaimer
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.