Showing sign of double top. But in weekly chart, new high breakout is still valid. If index can be break up or reverse above 175, the bullish in this sector will continue strong.
A resistant at 173.85 need to break up before we confirm reversal of downtrend. Index cool down after the HSR agreement terminated.
Similar chart pattern with Consumer. Market response pessimistic toward MCO2.0. I believe price will continue to weaken till the arrival of CV19 vaccine.
Next week the price must continue to bull or else it will form a lower low and lower high which is a bad sign.
Found the support near EMA50 line. If the resistance can stand up next week, probably good news will follow.
Not looking good as well. Fall off the crucial support line. Market is pessimistic toward the recovery sector now.
Not looking good now. Monitor the support line at 65.31 now.
Still follow my projection line. Index 723 is the crucial support line.
Double top pattern formed. Fall off the support line. Not looking good if next week cannot stand back this line.
Side trending now. Price above 7376 is still good but need to break the box for new wave up.
Mostly bring up by glove counters. In general market is still pessimistic with political and CV19 cases.
Found it support now. With hammer candlestick show up and increase of MCDX, can it continue its bullish again?
Reaching its resistance within 1 day. Without the MCDX red bar, could it be only one day show?
Looking better now with 2 hammer bar formed. We will see next week how it will perform with current political stalemate issue.
Still falling down with MCDX reduced to Zero. No a good prospect for this sector a this moment.
Half die hanging on the ceiling. Better look for others sector.
It is new high after a doji. Looking good.
A bit weaker than construction but as long as above support line is healthy.