There is no change today, but the resistance is clear
- Channel base at 6863 With highs in 6855 Hold the top side.
- A Close above 6863 It is required to relieve negative pressure.
- Support is at 6746/6734 -If they lose this, the buyers will quickly reverse, joining the sellers who held the resistance.
December is always a difficult month
- End-of-year positioning.
- Bonus season for traders.
- Cautious sentiments across the board.
As history reminds us: Markets fall much faster than they rise.
Opinion only – not investment advice. My money is my risk.
