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stalkstock

Will 20 Day EMA Help?

Long
DFM Index (DFM:DFMGI)  
stalkstock  
DFM:DFMGI   DFM Index
Trend Analysis dubaistockmarketindexy dubaistockmarketindextoday dubaifinancialmarket dfmmarketwatch dubaistockexchange
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trendanalysis dubaistockmarketindexy dubaistockmarketindextoday dubaifinancialmarket dfmmarketwatch dubaistockexchange
Over all market index is still bullish, the solid uptrend of Dubai Financial Market is intact. After hitting the resistance of 3500 its in a correction mode also Russia & Ukraine adding up to the damage. For now its right at the 20 day EMA which is a dynamic support well honestly I am not worried if this support is broken as solid technical support is at 3330-3340 zone I am sure market will react positively.

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