We have to move the stop-loss above $ 4,575 for our short.
I have no change in view, but noting MACD is looking to go positive short-term.
A break above $ 4,550 area will ignite a run up once again. The weekly chart shows still promise for a move down, and the danger is down and not upwards for now.
Any news relating to Omnicron that impacts negative, may be the catalyst for the expected move towards $ 3,000.
I have no change in view, but noting MACD is looking to go positive short-term.
A break above $ 4,550 area will ignite a run up once again. The weekly chart shows still promise for a move down, and the danger is down and not upwards for now.
Any news relating to Omnicron that impacts negative, may be the catalyst for the expected move towards $ 3,000.