EW weekly chart.

It shows a retest of the SMA 100 line and then a bounce.

RSI remains strong. Price closed above the EMA 4 line, showing momentum.

Next resistance at the box top.

 

ewweekly

Learn more about exponential moving averages and the RSI .

Webinar: High Probability Trades

Webinar Dates:
Part 1: October 1, 2016, 9 am– 12nn
Part 2: October 8, 2016, 9 am-12 nn

https://pixiutrades.wordpress.com/2016/09/14/high-probability-trades-4/

 

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