Context:
the current rally got again rejected near the former broken support level at 2400 and we broke the stride of the
demandline any lower high now and we head back to test the 50% mark of 23630 and maybe to the lows
of 23100 , the key level here is the current swing high at 24100.
Signs of strength:
rally
Signs Of weakness:
rejection of major resistance
broken demandline
Support:
23630
23100
Resistance:
24000
24200
www.invezted.com
the current rally got again rejected near the former broken support level at 2400 and we broke the stride of the
demandline any lower high now and we head back to test the 50% mark of 23630 and maybe to the lows
of 23100 , the key level here is the current swing high at 24100.
Signs of strength:
rally
Signs Of weakness:
rejection of major resistance
broken demandline
Support:
23630
23100
Resistance:
24000
24200
www.invezted.com