The ADX is in a corrective looking phase, which spells out a bearish move in an overall bullish trend.
The support intersection is where to buy and a stop will be place just under the 61.8% level (3655)
The 5day has not crossed down through the 8 day just yet, which is also a signal to try this support level as a long.
Thoughts?
The support intersection is where to buy and a stop will be place just under the 61.8% level (3655)
The 5day has not crossed down through the 8 day just yet, which is also a signal to try this support level as a long.
Thoughts?