TASI Technical Overview
Posted on Tuesday, January 10 2017 at 5:24 am GMT+0000Medium term pullback.
The recent long term move above the previous weekly top at 6900 shifted the weekly overview to Bullish raising expectation in the market’s ability to continue its rally targeting at least the 7800 level and a break above that could move the battle even higher towards the 9410 barrier. At the other hand, traders of the medium term shall monitor for a direct break above the 7300 level which could carry larger Bullish implications, with medium term targets outlined at 7450 and 7720.
TASI-EN 2017-01-10 |