Dead Cat Bounce
Weekly chart observation of Dsex Index
Where we can see a Strong Bullish Market that was start from May 8 , 2016
Starting point of this up trend is 4146.09 (Low Point)
Ending point of this up trend is 6360.27 (High Point), November 26, 2017
We found a supper Rally of 2214.28 point ( 53.40%), after that the uptrend is going to invalids by broken its trend line and started a bear rally with ABC formation where x-A and A-B is completed Now it’s going to completed B-C formation with target point is 5173.63 .
Hope so dead cat bounce is the part of completed its B-C formation in future.
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