TASI Technical OverviewPosted on Sunday, June 4 2017 at 5:08 am GMT+0000
Remaining under pressure.
Having in mind the given trending characteristics, long term traders should remain neutral at current time with the aim to reposition only after stronger technical picture appears on the long term charts. And although the short term is gaining momentum lately, it remains under Bearish pressures as reflected by the sequence of lower peaks and lower troughs on the hourly charts. Therefore, short term trading scenarios continue to be on hold in the near-future.