MACD BULL Cross on the Daily and Bullish engulfing candle also on the weekly. Resistance at very psychological level of 400.
I am acknowledging my bearish bias overall and am not sure if it can continue this with the current market conditions, but indicators and levels perhaps show a possible breakout coming. Obvious big spot at 400. Can we break through this time or will we fail again like we did on May 2021 and February 2022?