DSI Technical Overview
Posted on Thursday, September 8 2016 at 4:30 am GMT+0000Signs of a pullback.
Both Long and medium term positions continue to remain neutral, with the weak trend characteristic dominating on both scales, they shall monitor for any signs of reversal to bring about new market entry opportunities. Prices surged reaching the 0.535 level, allowing short term traders for a full profit taking at that level, they will be monitoring for a retracement towards the 0.522 before entering new long positions, or alternatively an immediate break above the 0.540 will bring about further bullish implications towards the 0.549 and 0.563.
DSI-EN 2016-09-08 |