The TOTAL PA is sliding down the Support nicely while the MACD cools off. Its not ready to turn just yet so we may remain like this till Weekend.
The Long wicks show the battles going on right now and you can see how the 50 MA ( Red) acted as support yesterday.
There is little doubt the Bears are trying hard to drop the price but the Bulls are holding on
Support should hold despite the FUD and attempted destablising by the IMF nd SEC, which are all representatives of the traditional Banking industry
No surprises there then
The Long wicks show the battles going on right now and you can see how the 50 MA ( Red) acted as support yesterday.
There is little doubt the Bears are trying hard to drop the price but the Bulls are holding on
Support should hold despite the FUD and attempted destablising by the IMF nd SEC, which are all representatives of the traditional Banking industry
No surprises there then