• WSE: Mid session comment

Market news

31 March 2016

WSE: Mid session comment

The first half of the session ends with departure of the WIG20 index from resistance at around 14 points. However the turnover does not look impressive.

Nevertheless, at the moment the market rather slumps to the south because of the withdrawal of demand than appearance of an aggressive supply. Withdrawal is peaceful and only another hours of the session will determine the balance of power on the market after meeting the level of 2,000 points. It is worth to remember that the first support area is now at 1,970 pts. level.

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