Green candlestick which made higher high and higher low showing buying pressure. Volume was good, but lower than yesterday.
CMF is showing +ve bias compared to yesterday(+) showing accumulation.
Stochastics is showing +ve bias(+).
EMA3 is kissing EMA13 (~). EMA3 support at 5000(+). EMA 13 support at 5000(+).
Slope of EMA 13 is flat.(~) Price is above EMA 13(+)
Answers for Yesterday
Bulls rightly marched past the flag showing +ve bias. Also, the close was above EMA 3,13 showing more bullishness among the crowd.
Questions
What's going to happen next? Let's wait and watch.
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