It would appear that we have entered into the buy territory on the New Zealand NZX50 index. Price action is getting close to its long term support line. That is not to say this index will be up next week or anything. Just that for a long term investment, according to the chart technical analysis, we are in the territory to be buying shares up. Selling shares is for when Price action is near the long term resistance line. Historically speaking, anytime price is below the blue line it is in a good spot to be buying. Good luck Investors.