The mining heavy index is flirting with 7436 (100% Fib expansion level). Also take note of the potential bullish break from the expanding triangle formation.
I say potential because a breakout would be confirmed on March 31.
Rejection at 7436 followed by a close on March 31 below 7263 would signal correction.
I say potential because a breakout would be confirmed on March 31.
Rejection at 7436 followed by a close on March 31 below 7263 would signal correction.
