MACD trendlines offer very good info.
All possible MACD trendlines of relevance have been drawn. It is time for the longer term MACD resistance lines to affirm their dominance over the shorter term uptrend MACD support lines.
I think a sell off until mid-february and then a bounce until beggining of march seems like a likely scenario.
Cheers.
I think a sell off until mid-february and then a bounce until beggining of march seems like a likely scenario.
Cheers.
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.
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.