The last time it touched the 50 day MA in Dec 16, a huge rally followed. Today it touched the 50 days MA again but this time a correction may be on the cards. The price action is pointing to more weakness ahead. In the short term it could be headed for 3090 and eventually 3030.
All posts and charts are for educational and illustration purposes only
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.