Bo092016 weekly

65
on a weekly basis the trend however remains up.
1) the MACD is in bullish mode
2.) we are above the 50MA
3.) we are above the 21MA
4.) we above 13MA
5.) we are above the 9 MA and the 9MA crossed the 13 MA, which is bullish
considering also the record large short positions of commercials we would say that we are rather having a potential bullish reversal environment. However as the daily chart shows a bearish picture, it is only a question as to when to step in into it (perhaps after the bearish picture disappears on the daily chart)

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.