$YINN is now exactly at the sweet spot at this confluence level
At the 0.618 Fib and exactly at where the 50 and 200 Day MA, where we can also see the 50 Day MA is about to cross through the 200 Day for a Golden cross.
This is certainly regarded as a strong confluence level but we need to see this hold now.
Losing all three of these levels at the same time will not be a good indicator.
Holding into the weekend can set up for a positive week next week.