From what you've presented, I see that the MA has just formed a higher low, which hardly supports your assertion, and the current value is above the MA. Looks more like a reversal than a continuation, at least for now. I'd save your thoughts until we see where the next MA reversal comes - if we break above the previous downward reversal point then the trend is, by definition, up.
-
From what you've presented, I see that the MA has just formed a higher low, which hardly supports your assertion, and the current value is above the MA. Looks more like a reversal than a continuation, at least for now. I'd save your thoughts until we see where the next MA reversal comes - if we break above the previous downward reversal point then the trend is, by definition, up.
Aug 09 13:39 pm
|Rating:
0
0
All Comments by marksage »Bullish Sentiment Trend Continues Lower [View article]