Volume is decreasing as we climb higher, suggesting a lack of confidence and possible exhaustion. RSI in the "overbought/sign of strength" area on the tail-end of large rally, signalling for bearish divergence, confluence with topline of Bol-Band. CCI (w/ Volume weighted EMA) crossing down through the +100. Confirmation when breaks below 10ema.
Looking for 38 fib retrace bounce at 8750 - possible timeline may create confluence with 50ma and Kumo cloud to support the pivot along with previous alternated resistance.
Looking for 38 fib retrace bounce at 8750 - possible timeline may create confluence with 50ma and Kumo cloud to support the pivot along with previous alternated resistance.