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Thursday, July 02, 2015 2:48:46 PM
This chart is a easier to understand.
The Blue line ( 50sma) crossed the red line (200sma) a while back which is considered very bullish. It is still trending up so the trend is up. (smaller moving average crosses a larger moving average is considered bullish)
The SAR (stop and reverse) is going to flip positive soon which will bring traders in.
Without going to deep that is the basic of it mate. I use other indicators but this is the easiest to grasp mate. Not the time to sell when a chart looks like this. Now, you have to watch level 2 very close and your own line in the sand.
The MACD still has work to do.
SPRV
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