Uptrend still intact unless we breach the near term support @ 84.
Bullish divergence is a harbinger that a near term bounce is in the works (note that any bounce from a bullish divergence is short term and may not translate into longer term trend).
Watch out for resistance at 90 as it may experience another consolidation around there.
A close above 90 will be a strong signal for the bulls.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Bullish divergence is a harbinger that a near term bounce is in the works (note that any bounce from a bullish divergence is short term and may not translate into longer term trend).
Watch out for resistance at 90 as it may experience another consolidation around there.
A close above 90 will be a strong signal for the bulls.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!