Bull Trap and Momentum Selling
Significant price action that accompany by high volume happen today.
Price plunge from 2440 area, break 20MA and 50MA in a day. Momentum selling high probability will continue and break 2400 area.
Key level to watch 2400 to 2410 area whether any price rejection happen and whether support can hold.
Price plunge from 2440 area, break 20MA and 50MA in a day. Momentum selling high probability will continue and break 2400 area.
Key level to watch 2400 to 2410 area whether any price rejection happen and whether support can hold.
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