Today's market showed signs of uncertainty in either direction.
A resistance at 2313 is formed and a volume breakthrough will
take us through a small rally where speculators can grab oversold
counters for a healthy gain.
Technically, the signs for rebound has yet to be confirmed but
is anytime soon.
This 'rebound' will take us through phase 2 of this correction
but not an actual rally.
Current correction consist of 3 phases, the first phase is the
huge fall that hurt many which will be ending soon.
Trade with cautious as the actual rally is still some distance away.
cheers.
heiwa...
Communication
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