some reasons make me think that this
cross could grow up in next weeks.
1) closing of three months cycle.
cycle theory tells us that
the first part of a cycle (1/3)
is anyway long or at most neutral.
2) good test of 200 ma
3) bullish divergence on daily charts
4) breaking up of resistance (red trend line)
cross could grow up in next weeks.
1) closing of three months cycle.
cycle theory tells us that
the first part of a cycle (1/3)
is anyway long or at most neutral.
2) good test of 200 ma
3) bullish divergence on daily charts
4) breaking up of resistance (red trend line)