Holiday the best part about this is the continual higher highs and higher lows regardless of these retraces amongst it.
You can see on the chart posted that the SP has fallen below the 8ema and MACD is crossing to the negative. Therefore we have a change of trend in the short term.
I did mention in my previous post that RSI was skimming along the over-bought level therefore to retrace is only natural.
Lets see if the 50-62%Fibs support it.
Cheers
Holiday the best part about this is the continual higher highs...
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