stalkstock
Long

Dubai Financial Market what next?

DFM:DFMGI   DFM Index
Bulls need to show power as price have tested the lows 3 times in a row and have rejected. Price also confirmed to go higher after testing the lows. As of now its consolidating or ranging at the current price levels. If we dont see a break up or a failure we can see a immeditate support at 1882 zone however we are still in near term up trend. My view is bullish on this market and i think we should see a breakout in coming trading sessions. Lets prepare for the market to open after eid holidays. Happy Trading :)

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