I had a check on my past coverage of Russell 200 index, but i think this one is more complete than ever before
As much as i can i will find the best channel to incorporate all price actions.
Currently
Price has broke up of the major green channel top AGAIN! big deal! but how come i still do not feel good about it
1.MACD death crossed is still in effect with MACD trying to made golden crossed with signal line..
2. After breaking the uptrend line in Oct 2014, RSI has been trying to break back up and next week or so it will make another attempt i guess
3. last but not least, i draw an additional resistance line connecting the previous two peaks and extend it to current
can it provide another layer of resistance?
As much as i can i will find the best channel to incorporate all price actions.
Currently
Price has broke up of the major green channel top AGAIN! big deal! but how come i still do not feel good about it
1.MACD death crossed is still in effect with MACD trying to made golden crossed with signal line..
2. After breaking the uptrend line in Oct 2014, RSI has been trying to break back up and next week or so it will make another attempt i guess
3. last but not least, i draw an additional resistance line connecting the previous two peaks and extend it to current
can it provide another layer of resistance?
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