- Sloping trend line and the horizontal line in daily chart shown in the first chart may help bulls for a long trade Provided 1290 is not broken.
- Price is also getting support at the Golden Ratio for the rise from 1241.50 to 1373. So this makes 1290 an important level.
- Break of this level will favor bears.
- FORD MOTOR CO TREND LINE BREAK
- BEARISH ENGULFING OF IWM
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