WIG-index has reached the level of 37460, which was tested several times (January-February) in 2006. However it is not a strong level and there is high possibility market will reach the low of 2006 on the level of 35165.
Index has created open hole. I'm not sure if index will be able to cover this gap soon. The trends' lines are visible on the picture, please note the red dotted line as it is long term resistance/support.
WIG20 index stopped on low from year 2006 (level 2449). It's very important level, therefore we could expect a short-term up-move. Nevertheless the sentiment of the market is very negative - I believe opening long positions is too risky.
Please also note, that KGHM stock price will be lowered by 9 PLN (as per divident pay). That will result in about -25pts in WIG20 index.
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