Up above the 200DMA when the world is below.

2022년 5월 19일

Auto and FMCG are outliers (above 200DMA). Yesterday it was a massacre of retailers in US markets.

Autos has all the bad things happening inflation, interest rates, raw material prices and still they are up. Autos should come down in auto mode down

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  In general anything above 200 DMA will be first TGT. e.g BoB above 200 DMA but PSUBank below 200 DMA.