No change....seems like a lot of big swings last week for a measly -.14% move. Then again it was OPEX week.
The weekly view still looks pretty bleak right here. The 26 week ema flattened out with a slight downside bias. Although the Force Index bounced, its still well below the zero line. I added a longer time frame MACD that shows the decline intact...the shorter time MACD shows the slight uptick of last week, but still on the negative side.
Playing from the short side only.
The 26 week ema still can't make up its mind.... ever so slight down bias.
A touch of the 4 to the 20 week ema this past week. A cross of the 26 week would confirm the down move. Last crossover of the 4 week was early last Sept.
The weekly sets the tone and right now it says down.