1) THE US HAS BEEN IN MAJOR DOWNTREND SINCE SEPTEMBER 20023 AND WE HAVE SEEN SELLERS DOMINATION IN THE MARKET.
2)NOW IT IS TRADING NEAR ITS MAJOR SUPPORT LEVEL, AND ONCE AGAIN BUYERS HAVE SHOWN THEIR DOMINATION IN THI ZONE.
3)IT CAN BE A GOOD OPPORTUNITY TO GO LONG FOR BUYING SIDE TRADE AS IT ALSO CROSSES THE SMALL TRENDLINE WHICH WE CAN CONSIDER AS A CONFORMATION.
3)THE TARGETS COULD BE NEAR 76-77.
PLEASE DO YOUR ANALYSIS BEFORE PLACING ANY TRADES.
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