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.
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I juz wish i know how to predict stockmarket. . Aheheh
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 . . .
Wow so very informative post. i love it
I love stocks forever :)