Regional tracks DJ losses in orderly fashion. More importantly, SH firm and posted gains.
Another sideways play. Almost identical to yesterday’s move, prices recovered, still resilient. Fkli managed to post mild gains as discount narrowed, thanks to last 15 minutes short covering.
Technically, the main concerns are, if mkt breaks 1150 or 7SMA crosses below 30SMA. Until then a quiet range bound mkt and bulls can still hope. But will not talk about upside till the mkt regains above all SMAs, which are cluster together in a horizontal line….just waiting for it to expand.
Trading sell below 1150.
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