We are nearing "Trump-off" (i.e. risk-off) as lack of details of Trump's tax plan is forcing investors to consider off loading the risky part of their portfolio
Breach of the rising trend line would add credence to the RSI, which is close to breaching the neutral 50 level on the downside.
The index could slide to 2320 (another rising trend line support) in the short-run.
Breach of the rising trend line would add credence to the RSI, which is close to breaching the neutral 50 level on the downside.
The index could slide to 2320 (another rising trend line support) in the short-run.