@All Please refer
Intraday trading: Face pressure below 79.043, with a target at 75.782 and 75.424
Trading strategy
Face pressure below 79.043, with targets at 75.782 and 75.424—look to buy on dips.
Alternative strategy: short.
Above 79.043, expect 79.662 and 80.031.
Technical assessment
RSI index (momentum indicator) below 50. The MACD line (trend divergence indicator) is below the signal line but still positive. MACD must cross below 0 in order to expect further downside.
Intraday trading: Face pressure below 79.043, with a target at 75.782 and 75.424
Trading strategy
Face pressure below 79.043, with targets at 75.782 and 75.424—look to buy on dips.
Alternative strategy: short.
Above 79.043, expect 79.662 and 80.031.
Technical assessment
RSI index (momentum indicator) below 50. The MACD line (trend divergence indicator) is below the signal line but still positive. MACD must cross below 0 in order to expect further downside.