2021 Charts, page-28

Day 4 Thu.
Weekly is still building & has changed its outlook again to mildly negative with the close in the low side of the range but the overall chart is positive with the trend rising.
The weekly indicators are still slightly overbought & need to come down a bit imo but the chart is great.

The daily yesterday had a net buy vol day & closed higher than the open but failed to break the prev bar high & was on lower vol & is at the resistance of the projected down trending line. Shorts for the week up to Wed is 529,740. The pattern is mildly negative negative.
My models show a 70% chance of a higher high than the close. S/T resistance is 0.125 – 0.0135.
The stoch’s are returning to their sig lines & the Stoch 5 is at the oversold line while the Stoch 14 remains just below the overbought line.
The MACD is relatively flat & has narrowed some. The Histogram is trending down & shows a divergence.
The RSI for those that like it has just crossed back into overbought area above 70.
Fridays are always difficult to predict but without news today I don.t think we will make much headway.
Over all the daily is performing well & is consolidating nicely.