Last post: April 22nd. See chart.
Review: Price had failed to break and close above January 2015 and the weekly 200sma resistance zone.
Update: Price is now trading below the daily 200sma suggesting an overall bearish market.
Conclusion: We will be looking for shorting opportunities if this weakness continues.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price had failed to break and close above January 2015 and the weekly 200sma resistance zone.
Update: Price is now trading below the daily 200sma suggesting an overall bearish market.
Conclusion: We will be looking for shorting opportunities if this weakness continues.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading