DFMGI Technical Overview

DFMGI Technical Overview

Posted on Tuesday, December 13 2016 at 5:19 am GMT+0000

Stronger 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