TASI Technical Overview
Posted on Sunday, February 26 2017 at 6:12 am GMT+0000Testing intraday support.
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. Moving to the medium term, traders shall monitor for the confirmation of a stronger support above the 6900 hurdle, where only a clear break above the 7200 daily top could confirm the return of the medium term Bullish momentum, something that could carry larger Bullish implications in the not-too-distant future.
| TASI-EN 2017-02-26 |
