Looking at the daily ichi chart the SP has been consolidating in a tight channel and needs to close above 1.8 tomorrow to stay in bullish territory an remain in an uptrend. The future kumo is very thin so any resistance and support will be minimal.
Ideally we’re looking for the BB’s to start extending and for the SP to grab hold of the upper BB and move higher into bullish territory - lets see how we go.
Note the SP is still consolidating in the kumo in neutral territory on the weekly.
JMO GLTAH
Cheers SL
TV2 Price at posting:
1.6¢ Sentiment: None Disclosure: Held
