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A.) Prices continue to move through support and are bouncing lower off the 10 week EMA
B.) The EMAs are in a very bearish posture: the shorter EMAs are below the longer EMAs, all the EMAs are moving lower and prices are below all the EMAs
C.) Prices continue to become weaker
D.) The MACD is decreasing, but
E.) The MACD is approaching the lowest level over the last three years.
A and B.) Prices are in a clear downtrend.
C.) The EMAs are in a very bearish posture: the shorter EMAs are below the longer EMAs, all the EMAs are moving lower and prices are below all the EMAs
D.) Prices are right at key support levels.
E.) The MACD is about to give a sell signal.
