What's next
I have been wrong in predicting the time of top but expectation was always around 31200-31500. Now index has reached to the target of current slope . Volume has been dropping in recent upmvoe whereas RSI couldn't cross the previous top and 70 levels. This is not a sign of strength where RSI is trading below 70 but still market is moving up. It can move higher once it crosses previous RSI peak in the 70 zone and also closes abv the upper boundary of trend. Till that time keep close SL on positions.
Penerbitan berkaitan
Penafian
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