- Monthly : In uptrend. But trade below 3038 (today close 3077) could see swift downmove towards 2750.
- Weekly : This week's close below 3119 is not healthy. 2950 beckons ie monthly key support at 3030 looks likely to be broken and puting the bigger bearish picture into play.
- Trade idea : Short Simsci vs long S&P. Mulling.
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