Another day of consolidation from technical analsyis perspective. Even though the MACD seems to cross over, the up trend remains intact in general.
| Above 20 MA? | Yes | Up trend |
| Above 50 MA? | Yes | Up trend |
| RSI above 50? | Yes | Up trend |
| RSI above 70? | No | Not overbought |
| MACD Crossover | Yes | Trend reversal |
| +DMI above -DMI | Yes | Up trend |
| ADX > 25 | Yes | Trend Strength = Strong |
Please feel free to leave your comments if you have a different opinion.
