The current Olam Muddy Waters Saga will probably see range trading between the blue immediate support zone and the red immediate resistance zone. A breakout above the red zone will meet the next potential resistance zone indicated by the green rectangle box.
Take note that if there is a failure to move above the red zone and if the blue zone support does not hold an imminent slide between the blue dotted channel will be triggered.
Markets are splitting apart… which one is still bullish?
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The markets are starting to split apart.
Some indices are still holding strong.
Some are starting to weaken.
And some are showing early ...
2 days ago

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