This is chart 2 for the German-I-Shares. Chart one was for one hour time increments. This is weekly.
The RSI on a weekly basis is rolling over and will most likely head lower.
The 89 week moving average is heading down.
The price structure is trading inside the Ichimoku Cloud.
The Ichimoku Cloud is heading lower.
The Ichimoku Cloud also has a red border on top, indicating weakness.
What would convince me otherwise that an uptrend will start?
The down trend channel at $27.10 would have to be breached to the upside.
The prices would have to remain above the Ichimoku Cloud.
Good luck to you. Don.
The RSI on a weekly basis is rolling over and will most likely head lower.
The 89 week moving average is heading down.
The price structure is trading inside the Ichimoku Cloud.
The Ichimoku Cloud is heading lower.
The Ichimoku Cloud also has a red border on top, indicating weakness.
What would convince me otherwise that an uptrend will start?
The down trend channel at $27.10 would have to be breached to the upside.
The prices would have to remain above the Ichimoku Cloud.
Good luck to you. Don.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.