The resistance zone of 6020 again got cleared off with a gap up. Friday nervous sell helped fill the gap.
Weekly Analysis:
Daily Analysis:
Summary:
Weekly Up. Daily Down. Market has passed through a couple of critical resistance lines. It's pulling back those moves now. Already supported the friday fall at Fib62 @ 5935 level. Until 5800 is breached it's expected to stay supported with resistance at BrRL @ 6085 level.
On a closing chart, if next week closes above 6032, we should expect a new uptrend has resumed.
