Notice that the SMAs have reconciled to their normal uptrend position in the hourly charts.
Watch for the SMA(20) to cross under the SMA(50) as a cue for a reversal to the downside.
Look for continuation of the nascent uptrend if this pattern spreads to the 2-hour, 4-hour and daily charts.
Watch for the SMA(20) to cross under the SMA(50) as a cue for a reversal to the downside.
Look for continuation of the nascent uptrend if this pattern spreads to the 2-hour, 4-hour and daily charts.
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