F - Retest of Long Term Trend
It's probably just me looking for things that aren't there. But do I see triangle/wedges everywhere?
The volume is about average.
EMA's have crossed bearish recently but not convincingly.
SMA's are headed lower after the bearish cross recently.
Stochastics are headed lower from a sell signal recently.
RSI is headed lower.
MACD is close to the 0 line headed lower.
BB are converging into each other.
ADX is around 20 waiting for a move.
This is a bracket set up. A bounce or a break of the trend line.
The volume is about average.
EMA's have crossed bearish recently but not convincingly.
SMA's are headed lower after the bearish cross recently.
Stochastics are headed lower from a sell signal recently.
RSI is headed lower.
MACD is close to the 0 line headed lower.
BB are converging into each other.
ADX is around 20 waiting for a move.
This is a bracket set up. A bounce or a break of the trend line.
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