ZN – When everybody is just guessing, you don't have to.
This analysis will be very simple, as this mkt is one of the most neutral I have seen recently.
– Ichimoku setup could not be more neutral: Price, Tenkan and Kijun are all in the Kumo.
– Heikin Ashi signal has been totally neutral for the past four weeks! Printing perfect doji candles. haDelta/SMA3 stuck exactly at zero line.
– guess what, quite neutral here too, as Kumo shades price, Chikou hit past candles and Price trades between Tenkan and Kijun lines.
– Even Heikin Ashi has too much noise. Right now it shows some bullish bias, but looking at the previous 18 (!) candles, probably only God knows which way next.
Source: New feed7