Short term wise, it seems like we are still bullish, although if we were to trend below the 50MA and head towards S1, i would open my long position at areas of value like S1. Probably 1-1.5ATR below it. But despite that i think that even if we were to trend below the 50MA, it would only be a short correction before we head back up.
Long term wise, it seems like we are still looking bullish. We are trending above the 100 MA. This levels seems to be good for accumulation before the next leg up.
Long term wise, it seems like we are still looking bullish. We are trending above the 100 MA. This levels seems to be good for accumulation before the next leg up.