Trend is down and will reverse on close above 8630 spot.
Within this trend which is down (on daily charts), we have bullishness on hourly charts. This will reverse on close below 8200.
Note that markets close nicely in the positive, the advance decline has not been encouraging - it is roughly at 800-600.
EOD charts
Hourly charts show trend as up and will reverse on close below
Note the single large bar above... all gains happened in last one hour.
Within this trend which is down (on daily charts), we have bullishness on hourly charts. This will reverse on close below 8200.
Note that markets close nicely in the positive, the advance decline has not been encouraging - it is roughly at 800-600.
EOD charts
Hourly charts show trend as up and will reverse on close below
Note the single large bar above... all gains happened in last one hour.
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