MACD still Positive The positive crossover that we had Friday is Usually a good Long term signal. The MACD being Positive would have anyone buying Calls at that time Holding them until we get a Negative crossover. I also think that we are looking Bullish with Support holding above 7500 now but a fallout into the Close is indeed Possible. We could also see a HOD at EOD although not as Likely as a LOD at EOD. Right now it looks like Consolidation into the Close. A LOD at EOD around 7500 Might be a good Call trigger, maybe :^)
Good Luck to All! :^) PLAN the TRADE and TRADE the PLAN!
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