In today’s briefing:
- Taiwan Crack/Red Flag
Taiwan Crack/Red Flag
- Taiwan has been a top long but losing bull energy. RSI second support break warns of a price break below pivotal trendline turning our stance from exhaustive to bearish.
- Taiwan has been a good hiding place but appears over owned amid waning upside momentum and high conviction RSI bear divergence.
- Bearish rising wedge amid divergence are the key chart components to focus on.
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