Abu Dhabi Securities Exchange is at crucial support area, it have broken the trend line which is a sign of weakness but still the up trend is intact. We need more bulls to get activated at current levels to push the market index higher.
Scenario One
Either market can retrace 50% of Fib level to see a rejection and come down to make lower low, this will...
Surprisingly ADX stocks are not performing well for the last 2 months or so. Market can come down to retest the support level again that is around 9800. Burjeel will also be added to the index, its getting listed tomorrow so expect so high volumes. All the best to Burjeel Holdings.
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