- Ichimoku setup is neutral (with still bearish bias).
- Regardless of today's real market close, the daily HA candle already has a lower wick too! This confirms what haDelta/SMA3 quantification tool showed us las friday: Bulls are losing power at Kumo cloud, as key resistance zone!
- For not it is consolidation. We don't know yet if market will continue up to test the bearish trendline, or if the index starts to drop again to towards 4360 (Kijun Sen) or even lower.
Bulls seriously have to re-think if worths to hold their longs. Bears have to be patient, but ready to act in case.
- Regardless of today's real market close, the daily HA candle already has a lower wick too! This confirms what haDelta/SMA3 quantification tool showed us las friday: Bulls are losing power at Kumo cloud, as key resistance zone!
- For not it is consolidation. We don't know yet if market will continue up to test the bearish trendline, or if the index starts to drop again to towards 4360 (Kijun Sen) or even lower.
Bulls seriously have to re-think if worths to hold their longs. Bears have to be patient, but ready to act in case.
