wrgly
we keep floating up on low volume. we would need a major catalyst to send here to an extreme low And I do not know what that is I would be reducing my exposure in the market right now to short term low % swings. I am personally 100% in cash. Make your own choices... everything I say is just spaghetti being tossed at the wall.
4 hour macd looks strong however the daily macd should not be ignored. significant bull volume needed to break the upper trend line. we will likely retest the lower trend line of the triangle once more if this little correction wave does break above.
suggest looking at the daily MACD it tells a different story. 4hr looking to at least retest the upper trend line of that triangle look for bull volume, if its not there then its not happening.