TeropongBursa

TeropongBursa Updated 

On dailychart, Pinbar candlestick forming (at the time of writing) at the the internal trendline, as well as the steeper trendline, showing a potential reaction to these lines, a potential reversal signal. A reversal could be taking place, heading to Target 1 around $71.5, but the gain could be limited due to the Ascending Wedge chart pattern. On the contrary,...

TeropongBursa

The index has broken the psychological level of 1800 and now heading to secondary support (along red line) at about 1750. Potential rebound might be expected around this level, but if this level is broken, the index is seen to test 1700 at extreme level.