finally breakdown last December 2020 by violating the ascending trendline that has been keeping it afloat since 2008 (Technically 2011!). However, the index is now sitting close to a support level
. The support level
may cause a bit of reversal, but the overall bearing trend will be sustained as depicted on the chart.
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades