Taiwan index keeps the negativity – Analysis – 13-2-2019

In spite of forming a positive rebound in the last trading of the Taiwan index, but its repeated stability below the critical resistance at 375.00 confirms the continuation of the negativity in the upcoming trading, also stochastic reach below 50 level increases the chances for gaining the negative momentum, to keep waiting for providing new pressure on 360.00 level, in order to reach to the next negative station at 350.50.

The expected trading range for today is between 375.00 and 360.00

The expected trend for today: Bearish