Technical Analysis and Outlook
The index fulfilled our Outer Index Dip 4375, and Key Sup 4305 flagged earlier. This week's path also completed extended Outer Index Dip 4300 and created new Key Sup 4295. The index heading to newly created Mean Res 4445 may take the index to Mean Res 4550; however, a retest of the Outer Index Dip 4300 and new Key Sup 4295 is imminent.
The index fulfilled our Outer Index Dip 4375, and Key Sup 4305 flagged earlier. This week's path also completed extended Outer Index Dip 4300 and created new Key Sup 4295. The index heading to newly created Mean Res 4445 may take the index to Mean Res 4550; however, a retest of the Outer Index Dip 4300 and new Key Sup 4295 is imminent.