The more times it touhes the line
This (Thick Red) line is one I'm not seeing in many charts and as we know the more times a resistance is tested the more valid it becomes
Many people are talking about the bullish momenum up to 10.5k or 112K but I think this line will offer some significant resistance at 9.3k
We have not crossed this line since mid Jan....
My outlook is still bearish short term but this could also be clouded by the overall trend and my search for a cheap buy
Happy Trading
Markets dont repeat but they often rhyme
Many people are talking about the bullish momenum up to 10.5k or 112K but I think this line will offer some significant resistance at 9.3k
We have not crossed this line since mid Jan....
My outlook is still bearish short term but this could also be clouded by the overall trend and my search for a cheap buy
Happy Trading
Markets dont repeat but they often rhyme
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