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Upper Bollinger Band Walk appears for MTD after 1.54% move
On Tuesday, June 30th, MTD moved up 1.54% while volume was to 0.8× the usual levels. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 1256.26, 1234.28 & 1219.83, with resistance at 1292.69, 1307.14 & 1329.12. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of MTD: C
This might just be the start. See what else showed up for MTD today.
Read full article here »