It's better reduce (or exit) swing longs
Weekly:
- Ichimoku is neutral
- Price may go little higher, but 48,50 (Kijun) is quite a resistance above.
- EWO is still bearish, MACD is weak
Daily:
- Ichimoku setup is back to neutral
- Heikin-Ashi is still swing bullish, but we have some warning signals regarding momentum: see haDelta+ and haOscillator (possible momentum weakness in these quantification tools)
- EWO and MACD are quite neutral too
I am not satisfied with this momentum to fill my previously expected A-B-C idea. For this reason I exitted all my swing longs. Maybe a mistake, maybe not, but it is not the best setup of my life.
- Ichimoku is neutral
- Price may go little higher, but 48,50 (Kijun) is quite a resistance above.
- EWO is still bearish, MACD is weak
Daily:
- Ichimoku setup is back to neutral
- Heikin-Ashi is still swing bullish, but we have some warning signals regarding momentum: see haDelta+ and haOscillator (possible momentum weakness in these quantification tools)
- EWO and MACD are quite neutral too
I am not satisfied with this momentum to fill my previously expected A-B-C idea. For this reason I exitted all my swing longs. Maybe a mistake, maybe not, but it is not the best setup of my life.
