Market Opening: Gapup or Flat
Overall Structure: Downtrend, Oversold
Sentiments: Partial positive, Short covering
Global Fear & Greed: 16% (Extreme fear)
Decision: Market may be volatile and low momentum
Probability to go up range then Breakdown from mid day market
Levels:::::::::::::::::::::::::::::::::::::::::::
Resistance: 16600, 16800
Average range: 16450-16250
Support: 16150, 15950
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P.S: *Identify the zone, Follow the trend direction, Trade after trend confirmation.
**Quotes for knowledge purpose only & Ideas are subjected to market risk.
Overall Structure: Downtrend, Oversold
Sentiments: Partial positive, Short covering
Global Fear & Greed: 16% (Extreme fear)
Decision: Market may be volatile and low momentum
Probability to go up range then Breakdown from mid day market
Levels:::::::::::::::::::::::::::::::::::::::::::
Resistance: 16600, 16800
Average range: 16450-16250
Support: 16150, 15950
--------------------------------------------------
P.S: *Identify the zone, Follow the trend direction, Trade after trend confirmation.
**Quotes for knowledge purpose only & Ideas are subjected to market risk.