The chart is short-term bullish. All the EMAs are moving higher, the shorter EMAs are above the longer EMAs and prices are above all the EMA. The MACD has also given a buy signal. After an initial burst, prices are now consolidating gains.
While we're hardly in rally mode, the advance is welcome.
1 comment:
I believe this is important. The odds of the market going up just increased a lot... ;)
Post a Comment