LOOKS like we have a clearer signal forming!
infact, there were 2 opportunities yesterday.
we could have caught the short trade from 5400 , and then catch the long trade up form 5050.
The support at 5100 looks quite strong ( price tested it 3 times !) and we can higher highs and higher lows.
coupled with the fact that the US markets were down initially but closed positive by the end of the day, we might be see a good price to go long
infact, there were 2 opportunities yesterday.
we could have caught the short trade from 5400 , and then catch the long trade up form 5050.
The support at 5100 looks quite strong ( price tested it 3 times !) and we can higher highs and higher lows.
coupled with the fact that the US markets were down initially but closed positive by the end of the day, we might be see a good price to go long