After we thought US market will take a breather and head north after a strong downfall last month in August with a small positive indicator of Higher high. Will this able to sustain with a higher low?
Observation
1) Trendline - Uptrend- (Bullish)
2) Formed Higher high - (Bullish)
3) MACD -4G1R(Bearish)
4) RSI - Heading towards 50% and below (Bearish) -
5) Sto - Formed Bearish Crossover and broke below 80% (Bearish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - Strong Black after spinning top (Bearish)
5Points
2Points
Winner Bear ( Throw down wrestling style)
Let wait for Dow Jones to formed a higher low first before going for long. The market need a lot of time to heal
Let wait for Dow Jones to formed a higher low first before going for long. The market need a lot of time to heal
Entry Price 11680
Resistance at 11876 and 12205
Support a 11011 and 10818
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
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ReplyDeleteSTRONG BUY PUNCAK at 1.15...SELLING ALMOST FINISH NEXT TARGET 1.70
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