Daily:
- Ichimoku is still neutral with some bearish bias
- Heikin-Ashi -> consolidation. haDelta/SMA3 may turn down again below zero. In that case the shy pull back from 129'09 low will be completed and market will show next leg down.
- EWO is bearish
4H
- Bearish Ichimoku setup. Looks like price failes to get back above Kijun.
- Heikin-Ashi is neutral at bearish Kijun support. haDelta/SMA3 has short term bearish divergence, crossing down again at zero line
- EWO is bearish
Strategy: Hold existing shorts, increase if you see bearish confirmation
- Ichimoku is still neutral with some bearish bias
- Heikin-Ashi -> consolidation. haDelta/SMA3 may turn down again below zero. In that case the shy pull back from 129'09 low will be completed and market will show next leg down.
- EWO is bearish
4H
- Bearish Ichimoku setup. Looks like price failes to get back above Kijun.
- Heikin-Ashi is neutral at bearish Kijun support. haDelta/SMA3 has short term bearish divergence, crossing down again at zero line
- EWO is bearish
Strategy: Hold existing shorts, increase if you see bearish confirmation