The intraday setback and Shooting Star candlestick Friday was dismissed by a firm dip and bounce Monday from ahead of minor support at 11410/380.
This also produced a bullish outside pattern to yet another new record high, to leave upside pressures for mid-March.
Short-term Outlook - Upside Risks:
- We see a positive theme for early March to Fibo extension level 11760.
- For March the threat is now through 12000 for 12155 and 12380
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