Fight for the close of the weekly tonight at midnight UTC
- Price is hanging above both EMA55 and SMA50 but just below EMA21, tonight will see a big fight for it, close above it and we should see a lot upside below it, will signal retracement to 42% most likely. And this will also close the CME gap.
- Stoch has crossed to the upside in the bearish control zone which is a good sign similar to both previous times (solid blue vertical lines).
- RSI is still below the EMA13 it looked like it was about to cross it yesterday but it's still uncertain, this is not such a good sign.
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.