1303 or around there was the previous high years back.
Index shall be hitting there soon. I'm guessing it's a Resistance.

What will happen?

1/ Index will test those levels a few time before Breakout higher
2/ Index test the resistance level; then will go down all the way

We hope to see no 1, a BULL RUN

In trading we hope to see the BETTER side
but market is not so kind either. So have a stoploss somewhere.

Hope to get some response here. Thx guys

yeah 1305 was the last high back in April 2008. That certainly is a "natural" resistance. Regardless if we get there or not, I don't think it is sustainable. As much as I hope for a bull market, I think the whole rally since we hit 800 is very overstretched and nearly done. Let's see...

REVERSAL DID HAPPENED

HOPE NOW..REVERSAL UPWARDS

Ther reverse uptrend will definitely happen and it will be very soon. Now is the best time for buy on weakness

reversal already confirmed