Over all market index is still bullish, the solid uptrend of Dubai Financial Market is intact. After hitting the resistance of 3500 its in a correction mode also Russia & Ukraine adding up to the damage. For now its right at the 20 day EMA which is a dynamic support well honestly I am not worried if this support is broken as solid technical support is at 3330-3340...
Today market surprised us by making a new high in the time of "uncertainty" as the peace talks are progressing for now if the out come of the meeting is positive markets internationally will react positively with a big move. Dubai Stock Market is bullish ( Index ) some stocks are in down trend lets stay away from them and focus on positive stocks. Today index have...
