The Dubai Financial Market (DFM) opened last week on sharp declines that continued until Monday, reaching the lowest level recorded at 2478 points amid a clear sales crowd to close the open positions and Margin Cool, the market returned to balance and ended last week well near the level of 2600 points
technically
Close the general index at 2599 points, forming the reflective hammer candlestick pattern on the frame of the week and with positive divergence continuing since the weeks of the technical indicators RSI & MACD supports the expectation of further rise this week towards the level of 2750 points, which represents the point of the downward path, Looking more and more to the targets of 2850 points and 3000 points as a psychological level and resistance to 3200 points, while failure to overtake the downward channel will push the market for further unexpected short-term declines
