Index Hitting Major Resistance
Index has reached Lower Daily Kumo Cloud resistance which
coincide with a trendline previously broken.
This level is critical. There are also a couple longer term
Pitchforks meeting here. A daily reversal candle here
will give an opportunity to sell. And for bulls, it is good to
wait for a possible break above current resistance on a
closing basis.
coincide with a trendline previously broken.
This level is critical. There are also a couple longer term
Pitchforks meeting here. A daily reversal candle here
will give an opportunity to sell. And for bulls, it is good to
wait for a possible break above current resistance on a
closing basis.