Chart to watch on 10/29

Today the new MACD is on the chart.

As of 9:25 AM, it is subtly turning positive. It is the lower pink arrow. Since it is determined by the closing price, if it remains positive at the closing time, a pink vertical line will be drawn.
And once it changes from positive to negative, it will continue in that direction for a while.

I still think there will be a battle around 38,500 and the 25MA at 38,750, but when around 38,500, the histogram of the positive turn will expand. Therefore, in terms of breaking above or below, the certainty of breaking above will increase when around 38,500.

On the other hand, there is no change in the concern of a sharp decline if the lower 5MA breaks below 38300 and falls below 38000. It is still a phase of uncertainty as to which direction it will break.