As a price moves up and down on charts, it encounters “barriers” along the way. If a barrier acts like a floor and keeps the price from dropping any lower, then it is known in trading terminology as support. When it acts more as a ceiling and stands in the way of upward moves, it is called resistance...
Thu 06.Dec.2018 14:40
QE Index movement during the last few days showed a Bullish move, with a recent high price seen on Wed 05.Dec.2018 at 10,632.89.
During the next few days the price is expected to go up to retest the previous high of 10,632.89.
The Short-Term view is expected to continue to be UP as long as the price is above...