DFMGI Technical Overview
Posted on Tuesday, December 13 2016 at 5:19 am GMT+0000Stronger Bullish structure.
The recent break above the previous weekly top at 3623, confirmed an ease in the upside speed, amplifying the case for further advances towards the 3900 and a break above that level could drive the battle higher towards the 4250 zone. But with medium and short term oscillators warning of a probable corrective decline before the next positive leg, both medium and short term traders will be monitoring for any pullback that will act as provider for renewed buying opportunities.
dfmgi-en-2016-12-13 |