Stock market: battle 2741

Posted: February 5, 2019 in Uncategorized

As my clients knows the pivot battle of this counter rally is 2,741 (SP500- MDA 200).

This is critical for the market as at this stage is a Bull Trap market with a top extension to 2,810 before rolling over again with target 2,350/2,200.

Time will see if favourable outcome just make it range bound 2,800/2,600, but ta the moment that is what the chart say.

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