SGX NIFTY

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Is this Bull Market Rally..?
Definitely a big NO!!
Series of Lower Highs and Lower Lows.
DCB above 18097 will be the first sign for start of real Bull Market.
Failing to do so, we may see another swing Lower Low.
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#SGXNIFTY TREND ANALYSIS WITH #LINECHART
Question: Is this #BullMarket Rally..?
Answer: Definitely A BIG NO!!
Reason: Series of #LowerHighs and #LowerLows.
Current Trend: #Bearish.
Recent Rally: #BearMarket Rally.

📍DCB & sustain above 18097 will be the first sign of #TrendReversal.
📍Failing to do so, we may see another #LowerLow in current #BearMarket.
Trend Analysis

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