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Projection

WHAT DO IT SEE: Time to rollover and start going down!

  • When price was down volume was up and volume started going down with increase in price => Bearish!
  • Price couldn’t breach resistance at 1175, unless breached it is bearish.
  • 21 EMA almost ready to crossover 34 EMA. If clearly crossed => death cross => bearish!
  • Stoch still falling and no sign of turning => bearish.

Cheers!

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Categories: Finance
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