RSI convergence on daily chart - Price action different to the the RSI trend/. RSI still above 70, but looks like buyers are starting to take profit and as RSI fall below 60-50 range, sellers will step in and push back price.
Support found around 2020-2024 area, printing head and should pattern on daily chart. Upward trend line drawn on daily charts, bullish pattern observed over the last 3 months, Fed rate-cuts to start pricing around 3rd week of February - only hindsight will be the tight labor market conditions which is expected to cool down. If otherwise, upward tend will reverse...
Confluence of indicators at 31.8 fibo retracment and 100 MA daily acting as support
MACD above zero and EMA cut for longs