15 minutes chart showing the story of the day.
Divergences on MACD/RSI, and potentially on CMF/MFI.
Overbought RSI.
We are still in bull momentum.
We are at very important resistance.
Market can be irrational, but I would be careful going long at this point, would rather wait or short till 200 support.
Note : After long price move in one direction, potential reversal can be seen with slowing growth and bigger volume. This signal is in this chart.
Any comments appreciated, thanks !
Divergences on MACD/RSI, and potentially on CMF/MFI.
Overbought RSI.
We are still in bull momentum.
We are at very important resistance.
Market can be irrational, but I would be careful going long at this point, would rather wait or short till 200 support.
Note : After long price move in one direction, potential reversal can be seen with slowing growth and bigger volume. This signal is in this chart.
Any comments appreciated, thanks !