Hey Vol. sellers, can you make a lower low? If not...
For now all bullish forces are in play to push volatility and VXX lower. I know it looks bearish now on both time frames, but let me make few notes.
- Daily Kijun and Senkou B are flat, making an equilibrium around 15,21. No real bearish trend continuation until these longer averages do not point down again.
- Tenkan is still slightly above Kijun, both lines are in the Kumo cloud
- EWO is bearish, but it has been building a positive divergence since April! This triggered nice spikes twice already.
- Heikin-Ashi is bearish now.
The questions:
Can price make a lower low on close?
Can haDelta reach or dip below its lower range of -1,65?
Can forward Kumo cross bearish?
For earlier answers given by price action, we'll also have to keep an eye on 4H time frame.
I'll try to post any relevant changes, and also if I see a better risk/reward setup to enter long.
- Daily Kijun and Senkou B are flat, making an equilibrium around 15,21. No real bearish trend continuation until these longer averages do not point down again.
- Tenkan is still slightly above Kijun, both lines are in the Kumo cloud
- EWO is bearish, but it has been building a positive divergence since April! This triggered nice spikes twice already.
- Heikin-Ashi is bearish now.
The questions:
Can price make a lower low on close?
Can haDelta reach or dip below its lower range of -1,65?
Can forward Kumo cross bearish?
For earlier answers given by price action, we'll also have to keep an eye on 4H time frame.
I'll try to post any relevant changes, and also if I see a better risk/reward setup to enter long.
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.