- trend is down on daily charts
- today markets closed 2% up; advance decline was positive
- VIX dropped substantially today on reduced fears
- there is no lower swing high between 8600 and recent lows
- we also have strong resistance around 8300 levels
- high possibility of a rally to 8300/ 8500 levels
- today markets closed 2% up; advance decline was positive
- VIX dropped substantially today on reduced fears
- there is no lower swing high between 8600 and recent lows
- we also have strong resistance around 8300 levels
- high possibility of a rally to 8300/ 8500 levels
No comments:
Post a Comment