BM Construction Sector - Retracement in Progress
BM Construction Sector.
Currently the index is in a retracement of a bullish trend. The index came close to the support level (RBS) and still above the Kijun Sen. The index is possible to retrace until 38.2% to complete wave 4. This sector has the potential to continue bullish.
Currently the index is in a retracement of a bullish trend. The index came close to the support level (RBS) and still above the Kijun Sen. The index is possible to retrace until 38.2% to complete wave 4. This sector has the potential to continue bullish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.