Bears start to take back control

7 Jun 2019

NVT is preparing for a breakdown, Bearish DI cross, Stoch RSI Overbought. How far will this move go down? I expect at least the 50% fib retrace from market bottom to the top of this current swing (~$6100); though possibly the 61.8% fib retrace (~$5450). However, going down to the 61.8% retrace or further would require some serious fear in the market, breaking through the significant 5900 support/resistance level.

15 Jun 2019

Order dibatalkan

if we close the day with a higher high (8900) than that will likely excite the bulls into pushing the price higher. I will wait more before deciding to sell or buy.

29 Jun 2019

Trade aktif

Sell Signals are coming back into the market. This could be a large volatility consolidation phase to relieve much of this recent unhealthy parabolic bull swing.