I see in the last three weeks have been bullish and we are testing a 104.50, resistance line tested many times dated back to 2014. There is bullish indications of current trading above it's 30 wk MA. MACD is positive, but not very large and MA cross 3 weeks ago. It all indicates that it turning bullish but not a very strong. I would like to see a greater buying...
My techinical observations with no holdings in stocks. On the weekly MA (30) was in a bullish positive slope but steadly decreasing. The trading range has establishing a closing pendant with support at 99.34 and resistance at 104.15 for next week. Breaking of either is going to tell whether this is going to be bullish or bearish. The slow MACD currently saying...
