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PREPARE TO SELL YOU SHARE THE MARKET MIGH GO TO 74.54

Short
TADAWUL:4210   SAUDI RESEARCH AND MARKETING GROUP
We have a strong indications that the market will go down :

1.The 3 recent candles are all in gravestone profile, the market can't break the VWAP indicator, the VWAP act as a strong resistance,
2.The Fibonacci give us the level of 75% as a strong resistance too,
3.The respect of the red trend line and the market need to go back to the channel,

Summary:
The market needs to go back the the level of 61§ of the Fibonacci retracement , and then we may have a good buy configuration, with all the past indications it's very hard to tell that the market will go up furthermore,

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