Quick TA on DGD.
As we can see the top resistance has been hit twice, on the second attempt RSI is much lower. With a lower high now in play. Its safe to assume we are heading down.
DGD has performed extremely well when ever the market begins to show bearish signs. As you can see from the previous bull runs. Each Bull run is followed by a quick correction.
Easy money to be made.
Hope you enjoyed the TA :)
As we can see the top resistance has been hit twice, on the second attempt RSI is much lower. With a lower high now in play. Its safe to assume we are heading down.
DGD has performed extremely well when ever the market begins to show bearish signs. As you can see from the previous bull runs. Each Bull run is followed by a quick correction.
Easy money to be made.
Hope you enjoyed the TA :)
Kommentera:
I would still wait for confirmation of the second attempt. Right now would be too early to call the top.
Kommentera:
Downtrend confirmed. I would feel safe entering a short position on DGD.
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