Thu 06.Dec.2018 14:40
LAST= 10,598.40
QE Index movement during the last few days showed a Bullish move, with a recent high price seen on Wed 05.Dec.2018 at 10,632.89.
During the next few days the price is expected to go up to retest the previous high of 10,632.89.
The Short-Term view is expected to continue to be UP as long as the price is above 10,300,and its recommended to ' BE LONG ' for a targeted price of around 10,800 taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 10,200
Res_2 = 10,720.
Res_1 = 10,650.
Sup_1 = 10,570.
Sup_2 = 10,490.
LAST= 10,598.40
QE Index movement during the last few days showed a Bullish move, with a recent high price seen on Wed 05.Dec.2018 at 10,632.89.
During the next few days the price is expected to go up to retest the previous high of 10,632.89.
The Short-Term view is expected to continue to be UP as long as the price is above 10,300,and its recommended to ' BE LONG ' for a targeted price of around 10,800 taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 10,200
Res_2 = 10,720.
Res_1 = 10,650.
Sup_1 = 10,570.
Sup_2 = 10,490.