On the weekly chart, the EMA trend is the same as the regular 7 and 13 on the monthly chart. On this daily chart, the red and blue EMA is the same as the 7 and 13 on the weekly chart. The red EMA is flattening and the difference between the red and blue lines is narrowing as occurs in a congestion range or decline into a trading cycle bottom. Notice the purple 5-stoc is above the 10-blue stoc and moving down as occurred in early December. Prices are likely to drop for at least another day or two into a 10-day cycle bottom as the oscillators decline.
There is a risk of loss in trading futures.
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