RE: Re: relief rally7 Jan 2019 23:49
Not sure though, Opulents as from TAs point of view. Whereas of course a decent China agreement could make copper rebound substantially, together with half of FTSE stocks!
In my opinion:
- there are lower lows on the chart, with the dip to 508 around mid December, and yet another low till 498 recently
- these lines must now give support under all circumstances
- Kaz must try to climb the mid term average at 531
- if the Sp keeps bouncing away, TA pattern suggest another testing of 508 and 499.
IMO safe to hold as long as these lines are maintained. No technical advice meant! DYOR!