The M-PP goes from resistance to support. Hmm
With the new monthly pivots the M-PP can now act as support along with a role reversal and the 233 ema.
Price has moved below the 233 ema in blue. If macd remains below the '0' line price has a chance to fall to support zone. Note, the 4 HR stoch's also wants to cycle down. Lets see how it plays and if we hit support for a reload.