Kijun Sen not bending yet for MCP

MCP’s Kijun Sen line has been moving horizontally for quite some time now. Price has been attracted to this line last Jan 9, 2013 (two weeks ago) and this line act as a jumping board but as you notice it seems that there is a resistance at the top that the bulls have a hard time breaking it. If the bulls will get tired trying to break it, this might fall back to 13.18 again. Nonetheless, MCP is still bullish with all Ichimoku elements in green

Caveat!

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