Hello everybody,
The index has dropped back by the 572, and how. The algorithms started to work and the gaps at 565 and 560 were closed at high speed. In the daily chart, the RSI ended up in a bear market, which could put further pressure on the index in the coming weeks. The following supports are 556/549 and the last 535. In the event of a recovery, look out for a lower top.
Regards,
TT
The index has dropped back by the 572, and how. The algorithms started to work and the gaps at 565 and 560 were closed at high speed. In the daily chart, the RSI ended up in a bear market, which could put further pressure on the index in the coming weeks. The following supports are 556/549 and the last 535. In the event of a recovery, look out for a lower top.
Regards,
TT