Well my previous post didn't last long. SP now dropped below 10, so TA definately back into play, but on the wrong side. And yes I am sure the shorters are back in control, todays shorts increased slightly, 7.02%, but start to look ugly again.
BB are starting to look interesting, another 1-2 days will show their direction.
RSI now back into the high 60's, likely to drop to median or lower.
SP almost at the 8ema, and a pip below the 200.
Targets, 09 at the 8ema, next 08 gap and 07 20sma and a gap. Whilst it will sound bearish, it now has a chance to hit 07.
More than happy to be proven wrong!
Sentiment still 'buy' long term, but short term "this is not good mav"
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Well my previous post didn't last long. SP now dropped below 10,...
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47 | 4379369 | 0.050 |
18 | 2268068 | 0.049 |
17 | 885924 | 0.048 |
Price($) | Vol. | No. |
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0.054 | 3255548 | 15 |
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