Clouds I am with you on this...
Yes the weekly trend is DOWN.
While the long term trend is up as your chart shows, the last complete weekly bar is low then the last. That means the weekly trend has turned down.
I like 15783 as a short the most but will sell at 15753.. mind you I will puke if 15740 -15747 is the high.
Yes the weekly trend is DOWN.
While the long term trend is up as your chart shows, the last complete weekly bar is low then the last. That means the weekly trend has turned down.
I like 15783 as a short the most but will sell at 15753.. mind you I will puke if 15740 -15747 is the high.