Positives-There is a Doji on the weekly time frame hovering above the 50 EMA, after a downward trend. The candle is resting around 50 % Fib level. The Doji candle is also on the bottom of an upward parallel channel.
Negatives- It is election week, and the markets could be in flux and the SRSI levels are not strong and MACD doesn't look good.
Negatives- It is election week, and the markets could be in flux and the SRSI levels are not strong and MACD doesn't look good.
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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.