Long
Bullish Short Term Recovery
Indicators are showing a short term bullish recovery. 11.89/11.61 major supports. Bollinger bands converging in bullish manner, RSI holding support in bullish zone, Volume Osc bullish, MACD struggling but reversal likely. 70/30 probability of closing with new daily highs. Current: 26 Bullish indicators; 12 converging in bullish manner; 14 Bearish. Path of least resistance is bullish. Recommend a cautious buy at current SP. eom
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