Bollinger band reading : upside biased.
MACD Histrogram : continue higher, buyer taking charge.
Support : 1310, 1300, 1290 level.
Resistant : 1318, 1325, 1330 level
Comment :
Market recovered strongly in sustaining volume after overnight Dow Jones closed firmer. Hourly chart shows that market opened gap up and continue to surge higher in weakening volume and the reading suggesting a upside biased market with possible pullback correction effect take place in the near term.
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