Mate, the the 50 day SMA hasn't even converged/touched the current price at 3 or 5 minute chart intervals. It may fall even further if it has taken on too many punters.
The RSI and MFI are both going upwards/neutral but the SP hasnt gone up, which (to me at least) means the price will drop.
Anyone else seeing that pattern?
-BLK
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Morning traders 9 / 4, page-161
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