Friday, June 22, 2018
ASI - Not the best close, but higher than the present low
ASI closed at 6228. Yesterday it was 6229. ALMOST UNCHANGED. Intra-day it hit a high of 6244, and a low of 6225 points. The close of the day with a bearish long upper wick candle, isn't the best that happened. This shows that the market is fragile and looming around the present low at 6217. As long as the index is above that 6217 bulls have hope, despite them feeling shattered. On the up side we need to see 6250 and 6303 being tested, whilst on the down side 6200 and 6165 act as the support areas.
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