Daily above the SMA 50 stays long!

Soon it would be possible to create a bearish cross between Tenkan & Kijun on a daily basis, then I do not think we will see a new ATH so soon.

If I'm right, then March should not close above the first blue line at 26136 and April not above the second line at 26792.
Otherwise, I let myself be surprised.
Good luck.

Commentaire:

DJ has reached 26108.3. Tomorrow would be possible 26136.1 and possibly but not necessarily 26208.8.
First confirmation for falling prices would be break and close below 25860.5, preferably 2 days in a row.
That would put the focus on TP at 25069.

Commentaire:

Mathematically, I get another potential high at 26130.7
That might be appropriate if there is no closing price below 25860 today.

Commentaire:

DJ above 25505 bullish!

Commentaire:

First Target 25690 reached!