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ASI
ASI
The index didn't manage to break through the resistance of 9300 - 9350 . This is a GP rejection on FIB.
The day closed with a shooting star candle pattern.
There is a bearish divergence created.
A DEATH CROSS scenario is there where the MA 50 has crossed the MA 200 in a declining phase. But at the moment the both MAs are flattened out.
There will be an immediate support from the rend line created by the most recent HH points.
ASI
ASI
The index didn't manage to break through the resistance of 9300 - 9350 . This is a GP rejection on FIB.
The day closed with a shooting star candle pattern.
There is a bearish divergence created.
A DEATH CROSS scenario is there where the MA 50 has crossed the MA 200 in a declining phase. But at the moment the both MAs are flattened out.
There will be an immediate support from the rend line created by the most recent HH points.