Don't give it up on a short!
Unfortunately, the 160 psychological level couldn't hold bulls' attack. But bears are still clearly in control of the market. Since Stoch RSI is already overbought and RSI is firmly below 50, I'll be waiting for MACD to start showing negative dynamics to enter my short trade towards 150 next.
--
Vladimir Vereshchak | Making People Wealthier!
--
- Everything I write about - I buy and sell for myself and my Investors.
- Please hit LIKE button if you find this analysis useful, so as I know you do.
- Please FOLLOW ME here on TradingView to see what I see, when I see it.
- You can also JOIN ME on LinkedIn, Facebook and VKontakte.
Vladimir Vereshchak | Making People Wealthier!
Related publications
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.