Reversal pattern will probably be sniff by Dow Jones bearish fallout. Gap support at 3046.54 was not tested but a clone 3 black crows reversal has been confirmed today. Next week will see a test of immediate resistance at 3181.92 only if STI can decouple from DJI. Breakout above this resistance will challenge 200 days Exponential Moving Average. A test of immediate gap support at 3046.54 is imminent followed by next gap support at 2927.79
No comments:
Post a Comment