Welcome back folks, I'm back with a continuation of yesterday. Looks like the support of 8300 as I mentioned was strong enough to sustain the downtrend. HOWEVER, it is to be noted that volume is still rather low, hence it is not confirmed it is back on the uptrend. Might still head down to test 8300 and even 7900 levels. Next area of resistance will be 8700-8800 (200 EMA). Do note that it is 1 more day to Consensus 2018, market might very well be prepping for it. Lets keep the hopes up high folks.
May the markets be with you.
May the markets be with you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.