- Last two attempts to stay above 20 day SMA has failed.
- Weekly chart is shown in important support level which is between 1100 - 1120.
- Price falling into this level may result in another bounce.
- For bears they need to break the support line shown in weekly chart.
- Monthly chart too shows Price taking support @ 50% Fibonacci level. So price is near a crucial support level right now.
- DESCENDING TRIANGLE OF ES
No comments:
Post a Comment