Market is in a (N) Bullish state (contraction) waiting for trend change to the up side and expecting to keep a bullish (N) momentum for sp Sector RSI above 50/50 priced @ around 60 signal above ma shows stagflation before up movement MACD (N) sate right on 50/50 signal below ma still, inclining expected to incline. expect market to retest both bullish/bearish momentum @ low & ultimately breakout higher.
CLIMBAGE
P1:
INCLINE: 3.98%
DECLINE: (-2.09%)
P2:
INCLINE- 6.77%
DECLINE- (-7.98%)
Second target is 50% projectile first is 34% the bullish signal is more stronger and the expected direction i expect market to see n the future wait for the break.