The SMI confirmed a strong closing above the top of the previous session that was already appositive day reversal. Only a daily closing above 5754 will support higher levels confirming a double bottom that will probably resume the move up !!
The indicators of the daily chart are however still in negative territory but those of the weekly one remain above the line. The indicators of the s/t charts are also positive supporting a possible overshooting of the 200 hours line, still s/t resistance at 5681.
We remain on the sideline while waiting for stronger signals.
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FUTURE TREND RESEARCH