Capitalizations Index – B ∞/21M
As the Weekly stays above 80, The daily has gone all the way down and looks like Momentum will go back up for the short term at least. Considering we have not stayed below $5000, maintained above the 20 MA and now the 4Hrly has just changed hands, the Bulls have the upperhand.
Also Price above DAILY ( ) 20,30,50,100,200
& DAILY ( ) 20,30,50,100,200
Looking at $5500 as resistance.
Published at Wed, 17 Apr 2019 05:04:02 +0000
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