Support/Resistance:
The bear flag pattern as mentioned in last analysis has failed. The chart may be testing the double top resistance at 2947. Once this resistance is broken, there is a chance to test the next resistance at 3250.
Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are above the half way point, so it may not be a good buying opportunity.
My Target Price:
If the index reaches 3200,I will sell some of my shares.
Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.
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