Technically Bearish Structure. pull back offers short term opportunity.
very important level holds so far based on
monthly and weekly time frame from the march lows.
yellow line represents retracement of monthly 38.2 correction.
also supportive swing .618 correction.
if it breaks below on weekly then12200 will be turn around level.
buy and hold for long term.
After march monthly close will get clear picture
Hope this will be useful for you. do follow and subscribe. Happy Trading!!
very important level holds so far based on
monthly and weekly time frame from the march lows.
yellow line represents retracement of monthly 38.2 correction.
also supportive swing .618 correction.
if it breaks below on weekly then12200 will be turn around level.
buy and hold for long term.
After march monthly close will get clear picture
Hope this will be useful for you. do follow and subscribe. Happy Trading!!