Index dropped and reached a strong support zone, expect this support can turn trade around for a nice correction towards upper side, but if a day candle close below it, then index could seek further low towards the support zone below. so watch out, as how a day candle closes, will share much insight towards the future market direction.
Watch out in mid. Oct. where a stronger retreat towards the downside is possible.
Watch out in mid. Oct. where a stronger retreat towards the downside is possible.
Comment:
This was the previous Forecast dated 5th Sept. 2016
