We are in a grey zone at the moment. Looking at the most basic fundamentals of technical analysis and checking both the weekly as well as daily charts to make comparisons, we find ourselves in a bit of a grey area right now.
Simply look at the volume and momentum. It can go either way. Stay attentive, check the support/resistance and be ready to see what happens withing the next week or two (either sell and buy more at the next support line, or hold until we see an obvious reveral).
Simply look at the volume and momentum. It can go either way. Stay attentive, check the support/resistance and be ready to see what happens withing the next week or two (either sell and buy more at the next support line, or hold until we see an obvious reveral).
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