RSI over 72 (bearish)
MACD: Repeating pattern from April 29
SMI Rolling over at 1 month highs
Would not be surprised if it dropped back into the lower gap or bounce off of it before testing upper gap.
I don see a lot of reward for airlines at this level. Will most likely wait for entry in the 30's.
MACD: Repeating pattern from April 29
SMI Rolling over at 1 month highs
Would not be surprised if it dropped back into the lower gap or bounce off of it before testing upper gap.
I don see a lot of reward for airlines at this level. Will most likely wait for entry in the 30's.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.