If the indexes put a divergent high on 1-hour charts, a
pullback will be due. The move up was too fast, so some
consolidation and/or pullback is needed to resolve the overbought
condition.
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If the indexes put a
Took some profits earlier on my TZA-SH-MES. All profits ...
Posted by junkie on 24th of Jan 2023 at 12:01 pm
If the indexes put a divergent high on 1-hour charts, a pullback will be due. The move up was too fast, so some consolidation and/or pullback is needed to resolve the overbought condition.