IMO, this is what I'm seeing with my "looking for an entry " bias.
Daily is still fine, weak yes but fine. Anytime candles are printing above the bollie median then a chart is fine as it's always on the up. The 8ema is always an accurate tour guide and it's flat and right on the SP therefore there's indecision on which way it wants to go. MACD is also signalling indecision as it merges from it's positive previous position. Bollie bands are on the squeeze so all things point towards a bit of sideways action until it breaks. I need to wait for that as there's currently not a signal telling to enter or close. (the worst set of indications for traders.)
Cheers
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$24.08 Sentiment: None Disclosure: Not Held
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