The support is broken
The market closed at 8,764 breaking the support at 8,900. With that, should the breakdown progress further the market may retrace lower to 8,550/8,500 levels.
A bounce from that may lead the market to range from 8,500 - 8,900 of the short term.
Failure to hold 8,500 may cause the market to test the strong support at 8,100.
@surpassinggoogle is such a generous person and has a very big heart for all of us here. Please support him as a witness by voting him at https://steemit.com/~witnesses and type in "steemgigs" at the first search box.
If you want to give him witness voting decisions on your behalf, visit https://steemit.com/~witnesses again and type in "surpassinggoogle" in the second box as a proxy.
I juz wish i know how to predict stockmarket. . Aheheh
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we have no crystal ball to predick stock market, but we do have buy/sell signals which will give us conviction to our trading decisions . . .
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Wow so very informative post. i love it
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I love stocks forever :)
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