IVL : Support at 28.5 will not hold it for long

IVL should come down to 25 quite soon, and possibly to to between 18.50 and 19.80. For now any bounce will struggle to go far given huge resistance from 33.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: