CNX Finance : A simple wyckoff analysis , would have given some clue on the mayhem.
Just follow the simple trend line .... @ 11862, the uptrend stopped falling short of supporting the over bought line..
Now it is at the support . can can expect a bounce.... but should detract and continue the downtrend....
Just follow the simple trend line .... @ 11862, the uptrend stopped falling short of supporting the over bought line..
Now it is at the support . can can expect a bounce.... but should detract and continue the downtrend....