Mkt hit new high but poor finish. All mkts loss steam in afternoon, cautious over DJ tonight with DJ futs staying minus throughout the day.Profit take but did not distort mkt uprun scenario towards 1300, after all fbm did finish above 70 – maybe not as convincing as retail bulls would like to see. Do expect some zigzagging instead of a steep climb.
After today, trading sell if 70 breaks, targeting major support of 7SMA. Buy signal is above 75 or wait at support lvl. 70-75 dont trade.
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