September 15, 2016
NYSE Composite Leading the Decline for Asia Pacific Stock Markets
Ceiling, or resistance in financial term. When the price action hits the ceiling, the pa cannot go up any further. The price action respects the support and resistance when it first meets.
On the September 9, the index gap down and closed lower. It leads the way for the rest of the world.
See the previous posting for the decline.
Moses Singapore Stock Analysis
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