Technical Analysis and Outlook
The index did complete our Outer Index Dip 4600 and tested significant Mean Res 4743. The index is on its path to retest Mean Res 4743, and with stumbling for a short period at newly created Mean Res 4725, the price action will reignite higher to revisit completed Inner Index Rally 4799 and Key Res 4799.
The index did complete our Outer Index Dip 4600 and tested significant Mean Res 4743. The index is on its path to retest Mean Res 4743, and with stumbling for a short period at newly created Mean Res 4725, the price action will reignite higher to revisit completed Inner Index Rally 4799 and Key Res 4799.