Wednesday’s bearish inverted hammer candle at record highs if followed by a close below 2381 today would open doors for a sell-off to 50-DMA level of 2362 levels.
The 50-DMA is now inching closer to being topped out.
On the higher side, a daily close above 2400 would add credence to the upward sloping RSI and open doors for 2450 levels over the near term.
The 50-DMA is now inching closer to being topped out.
On the higher side, a daily close above 2400 would add credence to the upward sloping RSI and open doors for 2450 levels over the near term.
