Looking like the confirmation high on the Bullish cypher here.
Bearish divergence maturing on the RSI.
The positive DX cloud on the ADX is coming down while the trend is losing strength.
Money flow also coming down and barely positive on this second high.
16280 would be likely for a checkback but ultimately i think the .786 is going to be the target.
Bearish divergence maturing on the RSI.
The positive DX cloud on the ADX is coming down while the trend is losing strength.
Money flow also coming down and barely positive on this second high.
16280 would be likely for a checkback but ultimately i think the .786 is going to be the target.