Sunday, December 13, 2020

Observations on SSE Composite Index chart

 The SSE Composite has been trading in a small range from the last few months. A decisive break above 3450 is what is required for it to reach the next levels and eventually start a good run.

Monthly MACD is now in the positive territory! Usually, this means a bull run is imminent. Weekly MACD was giving a buy in positive territory but it is now hesitating.