Asalam.o.alaikum (Hi) Community,
Hope you are fine and doing all of your great, so about yesterday analysis, we observed the bearish pressure and measured the weakness of bull even in the New York trading Sessions too. So, as we know we're currently at the central part of this market structure, also market turning through a price bend. For now we have the following key levels:
Bullish
An IFC require for upside move, till the first character change in bearish move.
Bearish
Overall market is showing it's bearish move, but seems like market is doing some correction of demand. Also, we're at the central part of this structure, so we have to take some patience to measure the more weakness of bulls.
Let's measure today move together.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
27/12/2024