A bit of colour, to kick the week off.
(London, daily)
A chance for TA to have its say over the next couple sessions perhaps, with a number of indicators at, or near their critical points.
In the shorter term, we have either no news, or at least no foreseeable bad news ahead. Anticipation may well drive this to close the 1.55-1.67p gap in London... In the same way air rushes to fill a vacuum.
- RSI remains close to oversold
- MACD close to crossing to the upside
- 'Death Cross' confirmed at close Friday, in London
- POC (Point of Control) bisecting the support/resistance trend lines
- No SP gaps below
- One SP gap above (within reach, perhaps?)
- ASX does have a small GAP open below (2.1-2.2)
With us both starting at parity, today's session here may well determine the week.
A bit of colour, to kick the week off. (London, daily) [ATTACH]...
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