Last Updated Date: 26 August 2021 @ 7:27 AM (UTC)
*Please note that all the dates are in GMT time zone
Today’s drop leaves a failed test up around the 2893 resistance and signals a turn back to short term bear trending action. Trade is poised for selloffs and close under 2868 implies a bear wave to 2457. Any corrective congestion in the lower half of yesterday’s downturn should bear flag a setup for selloffs. A close over 3381 is needed to reject yesterday’s downturn.