It is important to note that RSI is showing the first signs of a negative divergence, which could lead to
bearish development if confirmed by a fall in price.
The downgrade of Greeceâ $ ™ s credit rating fueled yesterdayâ $ ™ s sell - off, but the lack of
new bearish developments overnight has triggered renewed demand for higher risk assets.
«While basic intuition might suggest this to be
a bearish development, the stats tell a different story.
News that Kim Jong Un said North Korea would suspend nuclear and missile tests ahead of summits with South Korea and the US was also
a bearish development for gold.
Currently, prices are again threatening to dip back into the channel, which is
a bearish development.
This is
a bearish development, -LSB-...]
If bond yields continue to rise in the near term, such would be
a bearish development for world stock markets.
As a result, Bitcoin Cash has broken down of the 20 - day EMA, which is
a bearish development.
Nevertheless, if price fails to breakout of the downtrend line, it will lead to the formation of a descending triangle pattern, which is
a bearish development.
The RSI is showing the first signs of a negative divergence, which is
a bearish development if confirmed by a fall in price.