The *very* short term, (say tomorrow morning), is looking the best it has since last Thursday a.m. IMO. Bear in mind the shorter the timeframe the more unreliable the chart is but why not share some cheer...
Bullish divergence between MACD & SP, (SP went lower/MACD made trough at same depth), set about a reversal in the SP & indicators - sometimes you have to go lower to go higher if you know what I mean...
MACD has crossed back above it's signal line but won't give a buy confirmation until above the centerline.
DMI+ crossed back above DMI-, (signal to close out short trades), but ADX is still falling so the downtrend from Friday is weakening/starting to range.
RSI cross above 50 is a positive signal.
IMO, DYOR Regards Chalea
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
