A bullish trend is applicable above 12800.
RSI leaves enough room for upside price potential.
The price action is starting the break up from the lower range of the Bollinger Bands.
Trend strength indicates a strong trend that is gaining strength.
Remains above its 200-day simple moving average.
Fading downside price momentum (see the lower panel) supports the bullish trend.
RSI leaves enough room for upside price potential.
The price action is starting the break up from the lower range of the Bollinger Bands.
Trend strength indicates a strong trend that is gaining strength.
Remains above its 200-day simple moving average.
Fading downside price momentum (see the lower panel) supports the bullish trend.