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Remains a mid-long term neutral-bullish trend, although in the short term the bias is only neutral since it set highs at 100.52. The recent lows set at 89.25 provide some support, though additional falls can't be ruled out until it breaks above the resistance at 99.21.
Long term comment
From some months ago, long-term scenario remains bullish. However, it must be considered that, since the last highs, it's showing certain exhaustion in this trend, which should stand for extreme caution in spite of a downwards turn.
Indicator
Previous
Current
Signal
Comment
Priority
Date
Notification
20/04/2018
By being close (above) the short-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
17/04/2018
Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
16/04/2018
Since it's close and above the short/mid-term Moving Average it could move upwards -though it it should break below the MA would revert the signal-
16/04/2018
Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
14/04/2018
By being close (below) the short-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
14/04/2018
Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
13/04/2018
By being close (below) the short-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
13/04/2018
Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
12/04/2018
By being close (above) the short-term Moving Average, it could move, if only temporarily, upwards, though the signal would revert to bearish if it should break below the MA
12/04/2018
Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
11/04/2018
Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
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