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00 on the short term basis, while holding against the bullish rally and bouncing bearishly will push the price to resume the medium term bearish trend, and the negative targets begins at 100.
The ADI also broke down from a large symmetrical triangle top pattern last week although it didn't perform quite as bearishly as the DFMGI.
KUWAIT, Feb 28 (KUNA) -- Kuwait Stock Exchange (KSE) began the past week trading bearishly with the price index dropping 10.
Despite increase of the Kuwait-15 index in Wednesday's session, 10 points, likewise, the weighted, two points, the benchmark closed bearishly, amid stability of leading stocks and portfolios' trades in a large number of heavyweights, such as stocks of banks and services companies.
The KSE closed trading, on Thursday, bearishly, where the price index shed 21.
It opened the week trades bearishly, contrary to the previous week closing, where the indexes reflected improvement, though investors were largely reluctant.
Al-Oula, in a report released on Saturday, indicated hefty stock sales and speculations, with the price index closing bearishly at 49.