Today 9 AUG 13, 5:30 PM
Weekly trend : UP
Daily trend : SIDE WAYS
The price of the crude oil has reached peak and on correction mode. In RSI indicator you see divergence between price, so this implies either trend reversal or consolidation in progress. The volume on daily chart is very low. So volume says, Consolidation is in progress on a weekly up trend.
0 comments:
Post a Comment