DIB Technical Overview

DIB Technical Overview

Posted on Monday, March 6 2017 at 5:51 am GMT+0000

Deep decline.

Given the above trending characteristics, no long or medium term positions are advised at the time being and traders shall patiently wait for a stronger technical indications before considering the accumulation of new long positions. While short term Bearish developments have cancelled any probable trading scenarios, until reversal formation can signal towards a strong support in the market. Although a corrective bounce could be on the play, Bullish scenarios are expected to remain on hold in the near-future.

DIB-EN 2017-03-06