Thursday, 11 January 2024

Thursday, 11 January 2024

Jan 11, 2024

The Alsi had an initial drop down, then proceeded to close the morning gap just below 1st resistance 68330. The index then bear-flagged and broke down to supports 67900/67780.

Today Asia has started the day with a solid bounce back so expecting a decent day locally. The same levels will apply.

Supports: 67900/67780/67360

Resistance: 68800/68540/68330

Day Pivot : 67930

https://www.tradingview.com/x/V2M54fC1/

*all levels are based off the futures market

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