samitrading

Trend line of higher lows is still intact, BUT we broke 50d MA!

samitrading Atualizado   
TVC:VIX   Índice de Volatilidade S&P 500
Nothing to add here this is just 101 technical analysis. Breaking 50D MA
is a bearish sing. We still have higher lows which tills us that up trend
is still ON.
Comentário:
We broke our "Major" trend line, not a good sing here our next legitimate target is 15.68 which is our last major low. Stock markets could/might/will see a bullish move
form here on for a while !!!
Comentário:
We broke and we touched the 15.68 area the Power of tech analysis.

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