Derivatives: Downtrend returns
Although accumulation appears on the hourly chart with the formation of a rectangle pattern, the downtrend remains dominant on the daily chart, indicating a high probability that the contract will fall below this range in the upcoming sessions. Traders should carefully monitor the next trend to make appropriate investment decisions.
Featured Analysis
Market commentary: Uptrend signal?
Aviation – Note – [NONRATED] – Competition arises in the international market
Derivatives: Piercing line pattern
Market commentary: Broad-based gains
Derivatives: Downtrend returns
Market commentary: Low liquidity
VCB – Earnings review – [BUY] – Maintaining asset quality
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Derivatives: Piercing line pattern
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Derivatives: Spinning top
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