Derivatives: Bull trap?
Despite the short-term rebound, the contract continues to confirm the double-top pattern, with a corrective target in the 1,340-1,350 range. As such, traders may consider opening short positions in the upcoming trading session.
Featured Analysis
SBV returns to net injections as credit growth hits a record high
Market commentary: Narrowing losses
Derivatives: Liquidity surges
Chart of the day: Awaiting trend confirmation signals
Derivatives: Unexpected correction
Market commentary: Market reversal
Derivatives: Upward momentum slows
