As predicted we hit the trendline exacetly.
Updated
Exactly as I called it in previous chart.
I believe we are going to bounce from here. If this line is broken we can expect a more BEARish market. This support needs to hold.
I believe we are going to bounce from here. If this line is broken we can expect a more BEARish market. This support needs to hold.
Note
If the price can hold above this long standing trendline it could mark the end of this shortterm correction. Once the line is breached there is a solid resistance in the 8400 range.Note
9847 on the trendline showing major resistance if this breaks I suspect we will drop and range between 6k - 8k shopping area.
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