DislikedAny upside breakout potential as the 89 EMA is now slightly tilting upward?Ignored
I have noticed as well, and in the past it seemed to have some significance. It's certainly acting as a good support as it took 3 bounces, on the 29th, yesterday, and today again. So, the price really getting squashed between the 89 and 200. As, for a break to the upside I don't know?! But, I would probably favor a slight upward bias. It may take until Friday's NFP to get a strong move. Until then, perhaps this consolidation will continue.
Nipper