JSE:J210 Resources Approaching Oversold Trend Line

The JSE Resources 10 Index has had a sharp decline and is approaching the demand line of the upward trend that started at the beginning of 2016. However, the decline to the demand line has been more dramatic than any other declines into the trend line. Will be watching for the reaction to determine if the upward stride will continue.
jsejsej210oversoldresourcesSupply and DemandSupport and ResistanceTrend Lines

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