US100:- TRADING AT MAJOR RESISTANCE ZONE.
Market is rising in weak formation. And reaching the major resistance zone.
Important news will give a clear picture of the market's direction.
Market may test the levels of 11,700 on lower side and 15300 on higher side.
One may enter into bull market after a bullish breakout.
Or may enter after a bearish engulfing candle showing the continuation of downtrend structure.
Market is rising in weak formation. And reaching the major resistance zone.
Important news will give a clear picture of the market's direction.
Market may test the levels of 11,700 on lower side and 15300 on higher side.
One may enter into bull market after a bullish breakout.
Or may enter after a bearish engulfing candle showing the continuation of downtrend structure.