Technical Analysis and Outlook
Currently, we have completed Index Rally 2674 as of Jan 18. In near-term, on the downside, there is intermediate Mean Support 2578 as the 1st phase of the Leg 7. The second phase of the Leg 7, holds Mean Support 2450. On the upside, we have a significant 90% developed Key Resistance 2670. (For latest Market Commentary, please visit the TradingSig_dot_com).
Currently, we have completed Index Rally 2674 as of Jan 18. In near-term, on the downside, there is intermediate Mean Support 2578 as the 1st phase of the Leg 7. The second phase of the Leg 7, holds Mean Support 2450. On the upside, we have a significant 90% developed Key Resistance 2670. (For latest Market Commentary, please visit the TradingSig_dot_com).