10 APR 2018
Prices remain close to resistance around 10340/10360. Buyers are currently trying to force a move higher and thus to end the bearish phase all together, but conviction is still low. Nevertheless we have switched to a more neutral stance for the time being. “Too weak to buy and not weak enough to sell”.
Await further developments over the coming hours and days for new signals.
- Primary trend: negative/neutral
- Outlook: uncertain
- Strategy: avoid
- Support: 10060 / 9522 / 9274 / 8448
10360/ 10480 / 11130+
- Outlook cancelled/neutralized: n/a
420-minute Intraday Chart