My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 3, 2014
CNX IT Chart update
- CNX IT Daily chart nearing a death cross. Price near 50 and 200 Day SMA Which may result in bigger moves.
- Weekly chart shows price trying to stay above 38.2% Fib level. A weekly close below this level will extend the fall in CNX IT.
- 2nd chart shows a Weekly range between 8600 - 9000. Bullish structure of weekly chart will be safe if price stays above this range.
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