Bulls get back to above the support level, namely, 1100, today, which is a very good sign for the bulls.
Last week, I have pointed out this very important level to watch. Here is the link.
From the chart, I think, bulls will hold 1000 well, and march to the next level 1200 ...
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The bull will face the 50% retracement level 1120's (a short-lived pull back).
ReplyDeleteThe chart is getting ugly. I really don't like this. However, follow-throughs are required ...
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