This is a long term trade idea so the price must have 2 daily closing below that entry point of 15353
I am Very Bearish. It should reach 16100 easily and this is the area where possible BULL awaits. Bear is a better for now. But always be careful. Level to watch: Support 16100, 16000 and Resistance level 16500, 16700
I see a lot of crash calls, bear market is here, the bull is over, and maybe all saying this are correct. I even find myself leaning towards the bear camp. Keeping an open mind to all possabilities the market could have been in a correction all year.Corrections can be sideways. Many only believe corrections have to be down in nature. This is not the case since...
i think like this , dowjones index Going down on this time
DJ Utilities Index - approaching all time high for the second time in two months. The price is accelerated and pushing to break up the resistance level ( all time high )