yndesai
Short

Was MCX a bearish breakdown

NSE:MCX   MULTI COMMODITY EX
There seems I missed to consider bearish triangle breakdown in MCX .

It might see 725 levels.

Acc/Dist shows clear distribution.
Jan 18
Comment: weakness continues.
Feb 01
Comment: seems it will find bottom soon
Feb 02
Comment: in kissing range...
Waiting to see its bottom yet.
Feb 13
Comment: Long term buyer's (DII FII) might start bottom fishing creating some pattern here....
Some buying interest seen at 830 levels. Will wait to see a reversal pattern before giving bullish outlook.
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hi,
725 levels intact or any alternate view at CMP
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yndesai butterfly87
@butterfly87,
It should show sub 800 levels for sure.
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@yndesai, ok..thanks..any particular target.
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