Keystone's 30-Minute Chart with 8 MA and 34 MA Cross Indicator

The 8 MA remains above the 34 MA on the 30-minute chart signaling bulishness for the hours and days ahead.  The indicators show overbot conditions with firm negative divergence across the four-day time frame, except for the RSI.  The RSI remains long and strong so it wants to see a higher high in price occur.  Key levels are 1413, 1409, 1406, 1403 and 1391. Projection is a test of the 1402-1404 area, then back up to 1409-1413, then roll over since the indicators should have universal negative divergence once the jog plays out. Of course, the most important thing to watch is the 8 and 34 MA cross. Bulls rule if the 8 is above the 34, like now. Bears rule if the 8 stabs down thru the 34. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.