DIB Technical OverviewPosted on Tuesday, March 21 2017 at 5:24 am GMT+0000
Short term reversal above 5.67.
Given the above trending characteristics, no long or medium term positions are advised at the time being and traders shall patiently wait for 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. Such confirmation can only be brought by the direct break above the 5.67 intraday top, and would carry larger Bullish implications in the near-future.