4700 was broken marginally and now it's past 4840!
Weekly Analysis:
Daily Analysis:
Summary:
Weekly UP & Daily approaching resistance. 4945-4960 should not be breached before a moderate correction.
I have been bullish based on the charts for last few weeks now. Last week showed many major sectors (banking, metals, mining) returning 10-20%. This oncoming correction can provide another opportunity for low risk entries. Look-out for BlSL & 38% fib (62% would weaken the chance given it's a bear market).
No comments:
Post a Comment