FDN weakness in short term, long term bullish
in the short term there is practically no demand in the structure
the ese of downward movement has increased after the second upthrust and the supports which generated the spring has lot the buying it previously shown , further downside can be expected
but comparing the 2019 decilne to the 2018, there has been significant reduction in quality of supply, both in spread of the price and the and volumes generated..
a possibility of a spring from lower levels must be expected and watched for good trading opportunities
disclaimer... not an investing/trading recommendation
the ese of downward movement has increased after the second upthrust and the supports which generated the spring has lot the buying it previously shown , further downside can be expected
but comparing the 2019 decilne to the 2018, there has been significant reduction in quality of supply, both in spread of the price and the and volumes generated..
a possibility of a spring from lower levels must be expected and watched for good trading opportunities
disclaimer... not an investing/trading recommendation