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Posted by JuanV
on November 27, 2018, 9:11 am, in reply to "Market
Thank you Tango. Uneventful but steady action here this morning. Approaching the high as I write. I would expect this market to remain mostly rangebound in the short term, consolidating the recent move down. Despite the low of 10970, the 11025 level we had discussed did hold, particularly on a closing basis.
11310 would be next area of resistance, (1.618%) of yesterdays range. Then, 11395-11425.
Steady market at the moment.
Good trading !