Sensex. Bears are in charge sub 19,100

SENSEX.DAILY BEARS ARE IN CHARGE AS LONG AS PRICES HOLD BELOW 19,100. Of course, we would prefer a turn from 17,860 anticipated resistance (which has already pushed prices lower). Yet we are not ruling out a more complex move that would reach higher. Hence the critical importance of 19,100 levels which are to be regarded as the dividing line between bearish and bullish territories.

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Dan-Andrei Rusu graduated in 2005 the Faculty of Economics Cluj-Napoca, “Dimitrie Cantemir” University. In the same year he joined BT Securities as a financial analyst. He is currently the Head of Research at BT Securities and a speaker with Romanian Brokers’ Association. He is an MTA (Market Technicians Association, New York) affiliate and cleared CMT level 1 exam. He is a contributing columnist for Orpheus Capitals for the ALPHA GLOBAL INDICES.