Very good opportunity to trade the bearish trend :
-Just hit 0.5 fib level
-Previous support trend becomes resistance
-Trend is bearish
-Market overbought at 75 index level (RSI very harsh index settings here)
TP is at 148.588 long term at the 1.272 fib level
-Just hit 0.5 fib level
-Previous support trend becomes resistance
-Trend is bearish
-Market overbought at 75 index level (RSI very harsh index settings here)
TP is at 148.588 long term at the 1.272 fib level