India: Sensex support

India’s Sensex found support at 26000, this week’s long tail suggesting buying pressure. Declining Twiggs Money Flow still signals selling pressure, however, and breach of 26000 would indicate a test of 25000.

Sensex Index

Support levels are fairly weak all the way down to 23000 because of the absence of strong corrections during the March to September 2016 advance.

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