A possible M-top pattern might be unfolding.
Below 86600 supports a bearish trend direction. Crossing above this level will negate the bearish bias.
MACD crossover supports a change in trend direction to bearish.
RSI leaves enough room for further downside potential.
Remains below its 200-day simple moving average.
Below 86600 supports a bearish trend direction. Crossing above this level will negate the bearish bias.
MACD crossover supports a change in trend direction to bearish.
RSI leaves enough room for further downside potential.
Remains below its 200-day simple moving average.