The resistance level is a price point on the chart where traders expect maximum supply (in terms of selling) for the stock/index. The resistance level is always above the current market price. ... The resistance is one of the critical technical analysis tools which market participants look at in a rising market.
From here I think it is possible, to reach a new low this year. 26-29,000 range, I believe we continue our Bear Run, hitting our previous main support.
From here I think it is possible, to reach a new low this year. 26-29,000 range, I believe we continue our Bear Run, hitting our previous main support.
