Overall Market Direction: Downtrend From Monthly
Price got to the 1st Targets:18910.1 and got rejected and is now buying and currently trading in a range.
Scenario's:
1.Price buys to the range resistance between 21890.6 and 22637.00 and gets rejected which will signify a SELL.
2.Price breaks above range resistance and trendline where we would look for Buying opportunities because the trend would have changed.
DYOR.
Price got to the 1st Targets:18910.1 and got rejected and is now buying and currently trading in a range.
Scenario's:
1.Price buys to the range resistance between 21890.6 and 22637.00 and gets rejected which will signify a SELL.
2.Price breaks above range resistance and trendline where we would look for Buying opportunities because the trend would have changed.
DYOR.