Downward Pressure Continues Till Mid to Late September, 2019.

Currently looks like a bear flag forming and we should anticipate more downward pressure on our price action. More charts with comments will be posted on occasions throughout the day when I take breaks from working on my office remodel and website content.

Comentário:

Have a look at the Blue LSMA inside Godmode Indicator.  We may not see a reversal to upside pressure until some time between the 4-Day candle beginning September 14 and September 26, 2019.

Have a look at the GRAY 40-EMA in this 4-Day TF back in history.  By the way, I'm ONLY concerned about the GRAY 40-EMA in this 4-Day TF for the price action DURING A BULL TREND; "NOT" a bear trend.

Comentário:

We have a NEW 4-Day Candle. Which gave us NEW signals on the indicators along with the MA's and EMA's. Our GRAY 40-EMA in the 4-Day TF also moved upward from $8,714 to $8,800.

Here's the 4-Day WITHOUT indicators:

Here's the 4-Day WITH indicators: