On the monthly chart, the pair looks to be a strong low at 50 and a good support at 62. On the , however, Syncospin has formed a heavy resistance above the cloud at 74. Kijensen’s current support is at 64 67. is buying signals with the upward phase and crossover signal, and has the potential to grow to the saturation zone due to being in the middle of its band.
With the Resistance 78 defeat, the change in trend and the start of a rally confirmed. And with the breakdown of key support 62 we have to wait again for channel 50.
Published at Sat, 02 Nov 2019 12:46:35 +0000