An obvious floor on our Vix Fix Find Market Bottoms indicator has appeared.
A similar pattern that we saw at the reversal of the macro trend line has appeared on the 4-hour chart. RSI is consolidating and about to break over our moving average line.
MACD and TSI are also starting to lower in momentum and flatten out.
We're in a major area or support and I believe we will retest the trend line soon.
Our KC has been broken under and re-entered subtly. Another sign of a potential pullback.
This is an intra-week, cross-margined position. I may add onto it as time goes on.
A similar pattern that we saw at the reversal of the macro trend line has appeared on the 4-hour chart. RSI is consolidating and about to break over our moving average line.
MACD and TSI are also starting to lower in momentum and flatten out.
We're in a major area or support and I believe we will retest the trend line soon.
Our KC has been broken under and re-entered subtly. Another sign of a potential pullback.
This is an intra-week, cross-margined position. I may add onto it as time goes on.
