Mid-Term: Down
Short-Term: Up
Wednesday 24 April 2013
24 Apr 2013
Markets took a pause today and our 60min. chart is still in overbought with 3 peak divergence. This usually calls for a reversal but I would not be sure how big that reversal would be until our Short-Term trend aligns with our Mid-Term trend.
Mid-Term: Down
Short-Term: Up
Note: 60min MACD is looking Bearish but it has not crossed down.
Mid-Term: Down
Short-Term: Up
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