For this coming crossover week, April to May is Neutral
This week a significant bear candle, no tail on the top but a semi-decent tail. The volume however was lower and this indicates a strong Bear momentum. The OBV is definitely pointing Bear.
On the daily chart, Monday opened Bear and progressively hit one bear candle after another. Friday presented a standard Bull candle and it is likely there will be some sideways. Forecast sideways then maybe another Bear move to start Friday.
This week a significant bear candle, no tail on the top but a semi-decent tail. The volume however was lower and this indicates a strong Bear momentum. The OBV is definitely pointing Bear.
On the daily chart, Monday opened Bear and progressively hit one bear candle after another. Friday presented a standard Bull candle and it is likely there will be some sideways. Forecast sideways then maybe another Bear move to start Friday.
Commentaire:
This week was a decent assessment, I clearly saw the potential, but the move was thursday.