Congratulation to our stakeholder. The last move is perfectly matched with our expectation - a decent rejection with pumping volume and back down to the opening price. This creates a huge pressure on the index, which needs to recover in the next 24 hours. If not, it is very likely to be analogous to another shoulder and ready for another 200 point down to 14668.8
This is not necessary to be recalled as a panic sell but a decent test for our bull run. And If the volume is not spiking harder than yesterday to correct the move and sentiment, a DEEPER plunge is very likely.
Thank you, cheers.
Prof P
This is not necessary to be recalled as a panic sell but a decent test for our bull run. And If the volume is not spiking harder than yesterday to correct the move and sentiment, a DEEPER plunge is very likely.
Thank you, cheers.
Prof P
Trade closed: target reached:
230 point reached. Cheers
